Foreclosure and REO Appraisal in Haralson CountyReal Estate in foreclosure and properties that have reverted to the institution's holding create specific appraisal problems. When dealing with a home in foreclosure, you need to know the difference between fair market worth and "quick disposition" price to know your potential charge-off liability. Appraisals United has the knowledge in both providing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your timeline. You need a company who has the training to work with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Appraisals United. Owners of dwellings in foreclosure may be unwilling to allow an inspection of the home, thus presenting particular challenges. Sometimes the properties show signs of vandalism, unfortunately by the former residents. Or, it's likely you'll discover a house at a minimum abandoned or the home neglected for extended periods of time. If your house has gone back to bank owned, you will interested in a fast disposition. However, you might want to know about and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any repairs done to it, with the work due to make the house marketable at full market value consistent with the other real estate in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the special situation of a bank owned property, as well as the specific data you will need -- competing listings, neighborhood trends, and the like. You can count on Appraisals United to take on the task of your REO with expertise and professionalism. Contact us today. |