Investing in residential property?
Protect yourself against properties with no equity               

If you're considering investing in rehabilitated residential property, you're making a smart choice. Real estate values have been climbing at the same time demand for homes has been increasing — an impressive combination.

Investing in residential property

Let Trombly Appraisal help secure your investment today

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24 Hour Desktop Appraisals               

 As an investor we understand that time is of the utmost importance when obtaining a new deal. You need to understand the property value, what repairs are needed in a property, the influences of value on a property, and how to best market the property. This is all sometimes not very straightforward, or you have streamlined this process and require a licensed valuation profession, we have the ability to enhance your business today. Closing a deal and being able to make a deal quickly and competently will better your business for the long run.
Your success requires a firm understanding of where value comes from, and we are here to help.     

Out desktop appraisals give market condition of the subject property area over the last year, will provide a clear understanding of how the property will perform after repairs, and what is required to best market the subject property in regards to comparable finishes. Houston flooding and waterways are a big factor after recent hurricanes, and we are top notch in analysis and productivity on this matter, protect yourself and get an appraisal for every property with volume discounts today.   

Know the risks

Before you invest in a rehabilitated property, you should obtain a professional appraisal, from an appraiser with your interests in mind. Normally an appraisal needs to be performed on behalf of the lender, by an appraiser working closely with sellers, brokers, and agents. Too often, homes are "flipped" for considerably more than they were paid for – without any substantial improvements to justify the higher price. You're the one left holding the bag. Shouldn’t you have someone on your side making sure your money is being invested wisely?

Protect yourself and your investment

It's easy to protect yourself: Hire a professional appraiser to ensure the property has had improvements that justify the asking (or agreed upon) price. If you're buying more than one property at a time from the same buyer, it's even more important to have them appraised by a professional working for you, instead of another party to the transaction.

There are cost effective ways to protect yourself in an investment into many properties. We perform "drive-by" appraisals, sanctioned by housing giant Fannie Mae, which can be more economical than a full appraisal with an interior inspection. When combined with the expertise of a licensed home inspector, you can buy confidently, knowing that everything is as represented by the seller.

It's smart to always have an inspection done before closing on a property, but it's equally important to obtain an opinion of value from an appraiser. An inspector will tell you if everything that is present in the structure is functioning properly, what repairs may need to still be done, and whether there are any safety or soundness issues with the property. An appraiser can translate that into dollars. After rehabilitation, is the property worth what it's selling for? If something unexpected happened and you needed to sell right away, would you be able to recoup your investment?

As an investor, you need and deserve to know. Protect your interests with the help of a professional appraiser.