Call Ben Hill Appraisal to order appraisals pertaining to Harris foreclosures

Ben Hill Appraisal is experienced when it comes to bank owned properties in Harris County

There are special appraisal challenges when we're talking about a property in foreclosure or one that has gone back to the financial institution's ownership.

For a home in foreclosure, you should recognize the gap between market and a "quick disposition" assessment to know your possible charge-off liability. Ben Hill Appraisal has the background in both supplying snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time line.


	You need a company who has the training to handle the special dynamics of a foreclosure appraisal. For a company you can rely on, contact Ben Hill Appraisal.

Owners of properties in foreclosure might be unwilling to allow an inspection of the property, thus presenting special challenges. They might have moved out of the property already and/or neglected care of the home for awhile - or in some cases ransacked the house.

For a home that has already returned to REO, you most likely will be going for a fast resolution. In any case, you'll still want to consider three ways of determining the value of the subject property:

As Repaired. Value with the work due to make the property marketable at full market value - appropriate with competing houses in the area

As-is. The value of the house without any repairs performed

Quick sale. Somewhere in between, with minimal investment in repairs - to sell the home quickly, seemingly to someone inclined to finish the job themselves

Again, we understand your timeline and the unique circumstances of an REO home, in addition to the special data you will need - competing listings, market trends, and so forth. You can count on Ben Hill Appraisal to handle the task of your bank owned property professionally and efficiently. Contact us today.