Call Hancock Hollow Group to order appraisals regarding Montgomery foreclosures

Real Estate Owned and Foreclosure Appraisals in Montgomery County

Real Estate in foreclosure and properties that have returned to the financial institution's ownership create specific appraisal challenges.

It's vital to differentiate the meanings of "market value" and a "quick disposition" assessment to analyze what losses you could sustain when dealing with a house in foreclosure. At Hancock Hollow Group, we have the background in both providing snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time line.

Hancock Hollow Group has the training to work with the unique dynamics of a foreclosure appraisal. Contact Hancock Hollow Group for a company you can .

Owners of properties in foreclosure may be opposed to allowing an inspection of the house, thus presenting special challenges. They may have abandoned the property already and/or overlooked the care of the home for quite awhile - or unfortunately, vandalized the home.

For a property that has already gone back to Real Estate Owned, you likewise will be going for an expedited resolution. But you might want to understand and compare the meanings of "as-is", "as repaired", and "quick sale" values. These correspond to:

  • The value of the house without any work performed
  • Possible value with the repairs required to make the house marketable at full market value - in accordance with similar real estate in the area
  • With minor investment in repairs - to sell the property quickly, probably as a "fixer-upper"
Again, we understand your urgency and the unique situation of an REO property, as well as the specific information you'll need - competing listings, neighborhood trends, and so forth. You can rely on Hancock Hollow Group to take on the task of your REO professionally and efficiently. Contact us today.