Allatoona Appraisal is a company you can trust when it comes to foreclosures in Cobb
Homes in foreclosure and homes that have reverted to the financial institution's possession present unique appraisal problems.
When dealing with a property in foreclosure, you should ascertain the difference between fair market value and "quick disposition" price to evaluate your likely charge-off liability. The professionals at Allatoona Appraisal can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your timeline.
Allatoona Appraisal has the training to handle the unique dynamics of a foreclosure appraisal. Contact Allatoona Appraisal for a company you can trust.
Owners of property in foreclosure may be uncooperative to allowing an inspection of the property, thus presenting specific challenges. They may have abandoned the house already and/or ignored the care of the home for a long time - or worse, intentionally harmed the property.
You will be interested in a speedy disposition if the property has returned to Real Estate Owned. So you might want to know and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any work done to it, with the repairs necessary to make the home marketable at full market value consistent with the other homes in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your urgency and the special circumstances of a Real Estate Owned home, as well as the special data you'll need -- competing listings, market trends, and the like. You can bank on Allatoona Appraisal to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.