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Call Hickmon Realty, Inc. when you need appraisals for Harper foreclosures

Hickmon Realty, Inc. is the company you should trust when you need appraisals for bank owned properties in Laverne, Oklahoma

Homes in foreclosure and properties that have reverted to the financial institution's holding create unique appraisal difficulties.

For a property in foreclosure, you need to recognize the gap between the market price and a "quick disposition" assessment to know your possible charge-off liability. At Hickmon Realty, Inc., we have the experience in both presenting snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that factor in your time constraints.

The professionals at Hickmon Realty, Inc. have the experience to handle the special dynamics of a foreclosure appraisal. For a company you can rely on, contact Hickmon Realty, Inc..

Special challenges can be present when dealing with owners of property in foreclosure. They could be disinclined to allow an inspection of the property. If they deserted the property already, they could have not taken care of the home for some time - or even worse, damaged the home.

For real estate that has already returned to bank owned, you probably will want it off your hands as quickly as possible. In any case, you'll still want to consider three angles for looking at the value of the real estate at hand:

  • As Repaired. Value with the repairs needed to make the home marketable at full market value - in accordance with competing homes in the neighborhood
  • As-is. The value of the home without any work done to it
  • Quick sale. With minor investment in repairs - to sell the property quickly, likely to someone inclined to finish the job themselves
Again, we understand your time line and the unique situation of a bank owned house, in addition to the unique data you will need - competing listings, neighborhood trends, and the like. You can bank on Hickmon Realty, Inc. to handle the appraisal of your REO with expertise and professionalism. Contact us today.