Gregory James Company, Inc. is a company you can trust when it comes to bank owned properties in Polk
Houses that have gone back to the bank's holding and homes in foreclosure present various appraisal difficulties.
For a property in foreclosure, you might need to recognize the gap between fair market and "quick disposition" to know your likely charge-off liability. Gregory James Company, Inc. has the background in both producing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your urgency.
The professionals at Gregory James Company, Inc. have the expertise to deal with the unique dynamics of a foreclosure appraisal. Contact Gregory James Company, Inc. for a company you can rely on.
Owners of property in foreclosure, of course, can present unique challenges. They might be disinclined to allow an inspection of the home. Sometimes the homes show signs of vandalism, often by the former residents themselves. Or, it's common to discover a house at least abandoned or the home neglected for long of time.
If your house has already gone back to Real Estate Owned, you will interested in a quick disposition. But you may want to understand and review three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any work performed, with the repairs called for to make the home marketable at full market value consistent with the other houses in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your urgency and the special situation of a Real Estate Owned property, as well as the specific information you will need -- competing listings, market trends, and so forth. You can count on Gregory James Company, Inc. to take on the task of your REO professionally and efficiently. Contact us today.
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