Allatoona Appraisal is a company you can trust when you need appraisals for foreclosures in Cobb
Real Estate in foreclosure and properties that have reverted to the financial institution's holding bring forth particular appraisal difficulties.
You need to differentiate the difference between fair market value and "quick disposition" worth to know your likely charge-off liability when dealing with a home in foreclosure. At Allatoona Appraisal, we have the experience in both furnishing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time line.
Allatoona Appraisal has the training to handle the particular dynamics of a foreclosure appraisal. Contact Allatoona Appraisal for a company you can trust.
Particular challenges can be present when dealing with owners of homes in foreclosure. They might be uncooperative to allowing an inspection of the house. Often the houses have been vandalized, often by the former residents themselves. Or, it's likely you'll find nobody has lived in house for months or the home neglected for extended periods of time.
For real estate that has gone back to Real Estate Owned, you probably will be seeking a quick disposition . But you might want to know about and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs done to it, with the work needed to make the house marketable at full market value appropriate with similar real estate in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably to someone who'd rather finish the job themselves. Again, we understand your timeline and the specific situation of a Real Estate Owned home, in addition to the specific information you will need -- competing listings, market trends, and so forth. You can rely on Allatoona Appraisal to handle the task of your bank owned property with expertise and professionalism. Contact us today.