REO and Foreclosure Appraisals in Cobb County
Properties in foreclosure and houses that have reverted to the institution's control create special appraisal problems.
When dealing with a property in foreclosure, it's important to ascertain the difference between fair market worth and "quick disposition" price to analyze your potential charge-off liability. Allatoona Appraisal has the training in both supplying snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that respect your urgency.
The professionals at Allatoona Appraisal have the training to deal with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Allatoona Appraisal.
Unique challenges can be present when dealing with owners of property in foreclosure. They might be uncooperative to allowing an inspection of the home. They may have left the house already and/or neglected care of the home for some time - or unfortunately, intentionally harmed the home.
If your home has reverted to Real Estate Owned, you will interested in an expedited disposition. But you might want to know about and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any repairs performed, with the work required to make the home marketable at full market value corresponding with competing homes in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your time line and the special circumstances of an REO property, in addition to the specific data you will need -- competing listings, neighborhood trends, and so forth. You can bank on Allatoona Appraisal to handle the task of your REO with expertise and professionalism. Contact us today.