REO Appraisals in Cobb CountyHouses that have gone back to the institution's control and houses in foreclosure present special appraisal difficulties. For a home in foreclosure, you need to understand the gap between the fair market and "quick disposition" worth to know your potential charge-off liability. Allatoona Appraisal has the training in both furnishing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that take into consideration your time line. You need a company who has the experience to deal with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Allatoona Appraisal. Owners of homes in foreclosure, of course, can present specific challenges. They may be unwilling to allow an inspection of the house. Sometimes the houses have been ransacked, unfortunately at the hands of the former residents. Or, it's likely you'll discover the previous owners have moved out or the home neglected for long of time. If your property has already reverted to Real Estate Owned, you will interested in a quick disposition. However, you may want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any repairs done to it, with the work needed to make the home marketable at full market value appropriate with similar properties in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely to someone who'd prefer to finish the job themselves. Again, we understand your time line and the unique situation of an REO home, in addition to the special information you will need -- competing listings, neighborhood trends, and so forth. You can rely on Allatoona Appraisal to take on the appraisal of your REO professionally and efficiently. Contact us today. |