Real Estate Owned Appraisals in Dekalb CountyHomes that have gone back to the bank's ownership and homes in foreclosure bring forth particular appraisal difficulties. When there is a house in foreclosure, you need to know the difference between fair market price and "quick disposition" value to know your possible charge-off liability. At All Expert Appraisals, we have the knowledge in both furnishing snapshots of fair market value for our mortgage clients, as well as "quick sale" forecasts that understand your urgency. All Expert Appraisals has the experience to deal with the unique dynamics of a foreclosure appraisal. Contact All Expert Appraisals for a company you can rely on. Owners of property in foreclosure, of course, can present special challenges. They might be disinclined to allow an inspection of the house. Sometimes the properties have been intentionally damaged, often by the former residents. Or, it's common to find nobody has occupied the house for months or the home neglected for extended periods of time. If your home has gone back to bank owned, you will interested in an expedited disposition. However, you might want to know about and analyze three values: as-is, as repaired, and "quick sale." These represent the value of the property without any work done to it, with the work needed to make the property marketable at full market value appropriate with competing properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your urgency and the specific situation of an REO property, as well as the specific data you will need -- competing listings, market trends, and so forth. You can count on All Expert Appraisals to take on the task of your bank owned property professionally and efficiently. Contact us today. |