Call Patterson Appraisal Service to discuss appraisals regarding Victoria foreclosures

Patterson Appraisal Service is the company you should trust when it comes to foreclosures in Victoria, Texas

There are various appraisal problems involved in a home in foreclosure or one that has gone back to the lender's holding.

For a house in foreclosure, you would be wise to recognize the difference between market value and a "quick disposition" to know your likely charge-off liability. Patterson Appraisal Service has the training in both producing snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into account your urgency.


	You need a company with the experience to handle the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Patterson Appraisal Service.

Occupants of dwellings in foreclosure may be opposed to allowing an inspection of the home, thus presenting particular challenges. If they left the property already, they may have overlooked the care of the house for quite awhile - or unfortunately, ransacked the house.

For real estate that has returned to REO, you most likely will want it off your hands as quickly as possible. However, you may want to know and analyze three values - "as-is", "as repaired", and "quick sale". These correspond to:

The value of the house without any work performed
Value with the work needed to make the property marketable at full market value - consistent with competing real estate in the neighborhood

Somewhere in between, with minimal investment in repairs - to sell the home quickly, probably as a "fixer-upper"

Again, we understand your timeline and the special circumstances of an REO house, as well as the specific data you'll need - competing listings, neighborhood trends, and so forth. You can bank on Patterson Appraisal Service to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.