profile picture

English French Spanish

Call Allegiance Appraisals when you need valuations pertaining to Galveston foreclosures

Allegiance Appraisals is the company you should trust when it comes to foreclosures in Hitchcock, Texas

Houses that have gone back to the bank's possession and homes in foreclosure present special appraisal challenges.

It's vital to ascertain the meanings of "market value" and a "quick disposition" assessment to know your possible charge-off liability when dealing with a property in foreclosure. We can provide both snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your time constraints.

The professionals at Allegiance Appraisals have the expertise to deal with the special dynamics of a foreclosure appraisal. For a company you can rely on, contact Allegiance Appraisals.

Owners of houses in foreclosure might be opposed to allowing an inspection of the home, thus presenting specific challenges. They could have abandoned the home already and/or neglected care of the property for a long time - or unfortunately, intentionally harmed the home.

If you're dealing with a house that has already changed to REO, you will interested in a speedy disposition. However, you may want to understand and examine three values: as-is, as repaired, and "quick sale". These symbolize:

  • The value of the property without any repairs done to it
  • Value with the work required to make the property marketable at full market value - in accordance with other homes in the area
  • Somewhere in the middle, with minor investment in repairs - to offload the property quickly, probably to someone inclined to finish the job themselves
Again, we understand your timeline and the special situation of a Real Estate Owned house, as well as the unique data you will need - competing listings, neighborhood trends, and so forth. You can bank on Allegiance Appraisals to handle the appraisal of your REO professionally and efficiently. Contact us today.