Foreclosure Appraisal in Paulding CountyThere are specific appraisal difficulties involved in a house in foreclosure or one that has gone back to the lender's ownership. When dealing with a home in foreclosure, you need to recognize the difference between fair market value and "quick disposition" value to analyze your likely charge-off liability. Southern Star Real Estate Services has the experience in both presenting snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that take into consideration your timeline. The professionals at Southern Star Real Estate Services have the expertise to deal with the unique dynamics of a foreclosure appraisal. Contact Southern Star Real Estate Services for a company you can count on. Specific challenges can be present when working with owners of houses in foreclosure. They could be unwilling to allow an inspection of the home. If they have abandoned the home already, they could have ignored the care of the home for quite some time - or even worse, ransacked the home. You'll be interested in an expedited disposition if the property has already returned to REO. So you may want to know and examine three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any work performed, with the work necessary to make the house marketable at full market value comparable with similar real estate in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your urgency and the special circumstances of a bank owned property, in addition to the special data you'll need -- competing listings, neighborhood trends, and the like. You can rely on Southern Star Real Estate Services to take on the task of your bank owned property professionally and efficiently. Contact us today. |