Allatoona Appraisal is experienced when you need appraisals for foreclosures in Acworth
Homes in foreclosure and homes that have gone back to the lender's control present unique appraisal challenges.
When there is a property in foreclosure, you should ascertain the difference between fair market worth and "quick disposition" price to know your potential charge-off liability. At Allatoona Appraisal, we have the experience in both presenting snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time constraints.
You need a company with the training to deal with the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Allatoona Appraisal.
Specific challenges can be present when dealing with owners of properties in foreclosure. They could be disinclined to allow an inspection of the property. Often the subjects have been ransacked, unfortunately at the hands of the residents themselves. Or, it's common to find the residents have moved out or the home languishing in disrepair for long of time.
If your property has returned to Real Estate Owned, you will interested in a speedy disposition. However, you might want to know about and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any work performed, with the repairs necessary to make the house marketable at full market value appropriate with similar homes in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your time line and the special circumstances of a bank owned house, as well as the unique information you will need -- competing listings, neighborhood trends, and the like. You can count on Allatoona Appraisal to handle the task of your bank owned property professionally and efficiently. Contact us today.