Foreclosure and Real Estate Owned Appraisals in Paulding CountyHomes that have gone back to the bank's possession and properties in foreclosure bring forth specific appraisal problems. When dealing with a property in foreclosure, it's important to know the difference between fair market value and "quick disposition" worth to analyze your potential charge-off liability. At Southern Star Real Estate Services, we have the knowledge in both providing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time constraints. You need a company who has the expertise to work with the special dynamics of a foreclosure appraisal. Contact Southern Star Real Estate Services for a company you can count on. Owners of properties in foreclosure, of course, can present particular challenges. They might be opposed to allowing an inspection of the property. If they deserted the house already, they might have neglected care of the property for some time - or unfortunately, caused damage to the house. For a property that has changed to bank owned, you most likely will want it off your hands as quickly as possible . However, you might want to know and examine three values: as-is, as repaired, and "quick sale." These represent the value of the house without any repairs performed, with the repairs due to make the property marketable at full market value corresponding with similar homes in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your urgency and the special situation of a Real Estate Owned property, as well as the unique data you will need -- competing listings, market trends, and the like. You can count on Southern Star Real Estate Services to take on the task of your REO with expertise and professionalism. Contact us today. |