Call Allatoona Appraisal when you need valuations on Cobb foreclosures

Real Estate Owned Appraisals in Cobb County

Houses in foreclosure and properties that have reverted to the financial institution's ownership present various appraisal problems.

You need to ascertain the difference between fair market value and "quick disposition" price to analyze your potential write-down liability when dealing with a property in foreclosure. Allatoona Appraisal has the training in both providing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into account your urgency.

Allatoona Appraisal has the training to deal with the specific dynamics of a foreclosure appraisal. Contact Allatoona Appraisal for a company you can count on.

Owners of properties in foreclosure, of course, can present specific challenges. They could be opposed to allowing an inspection of the home. If they moved out of the house already, they may have overlooked the care of the property for some time - or even worse, ransacked the property.

You will be interested in a speedy disposition if the home has changed to bank owned. So you might want to know about and examine three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any work performed, with the repairs needed to make the house marketable at full market value comparable with similar houses in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the specific circumstances of an REO property, as well as the unique data you will need -- competing listings, market trends, and so forth. You can rely on Allatoona Appraisal to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.