PRE-FORECLOSURES & SHORT-SALES

Pre-Foreclosures & Short-Sales

At Austin Appraisal Group, we offer comprehensive appraisal services, providing detailed market value assessments for mortgage banks, mortgage servicing clients, and “quick sale” forecasts tailored to your specific timeline requirements.

Our pre-foreclosure and short-sale appraisal services cater to the needs of homeowners facing default, banks with real estate-owned properties (REOs) in Central Texas, mortgage lenders, HUD, FHA, law firms working with servicing firms, loan service companies, and other financial institutions offering residential loans.

For properties in pre-foreclosure and bank-owned real estate (REOs), it is crucial for both owners and banks to understand the difference between “market” value and “quick disposition or liquidation” value. This information helps determine potential equity positions or charge-off liabilities. Regardless of the property’s condition or the current residential market, our appraisal services will help estimate the ever-changing market and its impact on non-performing assets in the Central Texas real estate sector.

Homeowners facing foreclosure may encounter various challenges. Some may be unwilling to allow property inspections, or if they have already abandoned the property, they might have neglected maintenance or intentionally caused damage. All these factors can influence the market value.

Our team possesses the knowledge and experience needed to address the unique aspects of pre-foreclosures and short sales. You can rely on our accurate and up-to-date reports reflecting current market conditions and values, enabling your firm to develop a comprehensive understanding of the collateral issues and minimize losses.

Contact us at 512-655-9775 or complete our free quote request form on this page for a complimentary appraisal quote. Our knowledgeable professionals are eager to address any questions you may have and provide you with an accurate, dependable appraisal that caters to your needs.

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