Foreclosure Appraisal in Cobb CountyThere are unique appraisal difficulties for a house in foreclosure or one that has reverted to the institution's possession. It's important to know the difference between fair market price and "quick disposition" price to know what losses you might realize when dealing with a property in foreclosure. At Allatoona Appraisal, we have the experience in both producing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time constraints. We have the experience to handle the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Allatoona Appraisal. Special challenges can be present when dealing with owners of properties in foreclosure. They might be opposed to allowing an inspection of the home. If they moved out of the house already, they might have overlooked the care of the home for quite awhile - or unfortunately, damaged the property. If your home has already gone back to bank owned, you will interested in a quick disposition. But you may want to understand and compare three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any repairs performed, with the work required to make the property marketable at full market value commensurate with similar properties in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the unique circumstances of a bank owned property, as well as the unique information you will need -- competing listings, neighborhood trends, and so forth. You can rely on Allatoona Appraisal to handle the appraisal of your REO with expertise and professionalism. Contact us today. |