AM Appraisals, LLC is experienced when it comes to bank owned properties in Galveston County

When dealing with a home in foreclosure, it's important to differentiate market value versus a "quick disposition" value to analyze your potential charge-off liability. AM Appraisals, LLC has the background in both presenting snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your time line.

	You need a company with the qualifications to work with the specific dynamics of a foreclosure appraisal. Contact AM Appraisals, LLC for a company you can trust.

Occupants of property in foreclosure might be uncooperative to allowing an inspection of the home, thus presenting special challenges. Sometimes the subjects have been intentionally damaged, unfortunately by the residents. Or, it's likely you'll discover a house at a minimum abandoned or the home neglected for long periods of time.

For a property that has returned to bank owned, you probably will be seeking a fast resolution. Regardless, you'll still want to consider three angles for looking at the value of the subject property:

• As Repaired. Value with the work needed to make the house marketable at full market value - appropriate with similar homes in the neighborhood
• As-is. The market value of the home without any repairs performed
• Quick sale. Somewhere in the middle, with minimal investment in repairs - to get rid of the home quickly, seemingly to someone who'd rather finish the job themselves