Call Allatoona Appraisal to discuss valuations regarding Cobb foreclosures

Real Estate Owned Appraisal in Cobb County

Houses in foreclosure and properties that have returned to the lender's control present various appraisal problems.

It's important to know the difference between fair market price and "quick disposition" price to analyze what losses you might realize when dealing with a property in foreclosure. Allatoona Appraisal has the knowledge in both providing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that take into account your time line.

We have the experience to deal with the specific dynamics of a foreclosure appraisal. Contact Allatoona Appraisal for a company you can rely on.

Owners of dwellings in foreclosure might be unwilling to allow an inspection of the home, thus presenting specific challenges. They could have deserted the house already and/or ignored the care of the house for quite awhile - or worse, caused damage to the home.

You'll be interested in a speedy disposition if the property has already returned to bank owned. So you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any work performed, with the repairs needed to make the house marketable at full market value appropriate with competing properties in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your time line and the special situation of a Real Estate Owned home, in addition to the special data you will need -- competing listings, market trends, and so forth. You can rely on Allatoona Appraisal to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.