Allatoona Appraisal is experienced when you need appraisals for bank owned properties in CobbProperties in foreclosure and homes that have returned to the lender's holding present special appraisal problems. You should understand the difference between fair market value and "quick disposition" value to evaluate what losses you could have to endure when dealing with a home in foreclosure. Allatoona Appraisal has the knowledge in both furnishing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your urgency. You need a company who has the experience to handle the unique dynamics of a foreclosure appraisal. Contact Allatoona Appraisal for a company you can rely on. Special challenges can be present when dealing with owners of homes in foreclosure. They could be disinclined to allow an inspection of the home. Often the subjects show signs of vandalism, often at the hands of the residents themselves. Or, it's common to find the families have moved out or the home languishing in disrepair for extended periods of time. If your house has already returned to REO, you will interested in a speedy disposition. However, you may want to understand and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any repairs done to it, with the repairs called for to make the property marketable at full market value comparable with competing real estate in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your time line and the special situation of an REO house, as well as the unique data you'll need -- competing listings, neighborhood trends, and the like. You can bank on Allatoona Appraisal to take on the task of your bank owned property with expertise and professionalism. Contact us today. |