Allatoona Appraisal is experienced when you need appraisals for foreclosures in Cobb
Homes that have reverted to the institution's control and homes in foreclosure create specific appraisal problems.
For a property in foreclosure, you need to know the gap between fair market worth and "quick disposition" worth to know your possible charge-off liability. We can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your time constraints.
Allatoona Appraisal has the qualifications to handle the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Allatoona Appraisal.
Owners of property in foreclosure could be uncooperative to allowing an inspection of the home, thus presenting special challenges. Sometimes the properties show signs of vandalism, often at the hands of the former residents. Or, it's likely you'll discover a house at least abandoned or the home languishing in disrepair for long of time.
If your property has already reverted to Real Estate Owned, you will interested in an expedited disposition. However, you might want to understand and compare three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any work performed, with the work called for to make the home marketable at full market value consistent with similar properties in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your timeline and the special situation of a Real Estate Owned property, as well as the unique information you'll need -- competing listings, market trends, and so forth. You can bank on Allatoona Appraisal to handle the task of your REO with expertise and professionalism. Contact us today.