Allatoona Appraisal is experienced when it comes to foreclosures in AcworthHomes that have gone back to the institution's control and houses in foreclosure create specific appraisal difficulties. When dealing with a house in foreclosure, it's important to recognize the difference between fair market value and "quick disposition" price to analyze your probable charge-off liability. Allatoona Appraisal has the experience in both presenting snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your timeline. You need a company who has the expertise to deal with the special dynamics of a foreclosure appraisal. For a company you can trust, contact Allatoona Appraisal. Unique challenges can be present when dealing with owners of homes in foreclosure. They could be uncooperative to allowing an inspection of the house. If they deserted the house already, they could have overlooked the care of the house for awhile - or unfortunately, damaged the house. For real estate that has already reverted to REO, you typically will want to get rid of it quickly . But you may want to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs performed, with the repairs required to make the home marketable at full market value comparable with the other homes in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the special situation of a bank owned property, as well as the special information you'll need -- competing listings, market trends, and the like. You can rely on Allatoona Appraisal to take on the task of your REO professionally and efficiently. Contact us today. |