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Call Tradewinds Appraisals, LLC when you need valuations on Galveston foreclosures

Tradewinds Appraisals, LLC is experienced when you need appraisals for bank owned properties in Galveston, Texas

Properties in foreclosure and properties that have reverted to the institution's ownership bring forth various appraisal problems.

For a house in foreclosure, you definitely need to recognize the gap between the market price and a "quick disposition" to know your likely charge-off liability. The professionals at Tradewinds Appraisals, LLC can provide both snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your urgency.

We have the qualifications to work with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Tradewinds Appraisals, LLC.

Owners of houses in foreclosure, of course, can present specific challenges. For example, they could be unwilling to allow us access to the house. If they moved out of the property already, they could have overlooked the care of the home for a long time - or worse, ransacked the property.

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

  • The value of the home without any repairs performed
  • Possible value with the repairs required to make the property marketable at full market value - in accordance with other real estate in the area
  • Somewhere in between, with minor investment in repairs - to sell the home quickly, probably as a "fixer-upper"
Again, we understand your urgency and the unique circumstances of a bank owned property, as well as the unique data you will need - competing listings, market trends, and the like. You can rely on Tradewinds Appraisals, LLC to take on the task of your REO with expertise and professionalism. Contact us today.