Gregory James Company, Inc. is a company you can trust when you need appraisals for foreclosures in Cedartown
Houses that have reverted to the financial institution's holding and properties in foreclosure present particular appraisal challenges.
When there is a house in foreclosure, it's important to ascertain the difference between fair market value and "quick disposition" value to know your possible charge-off liability. At Gregory James Company, Inc., we have the background in both providing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time line.
Gregory James Company, Inc. has the expertise to work with the particular dynamics of a foreclosure appraisal. Contact Gregory James Company, Inc. for a company you can count on.
Owners of property in foreclosure, of course, can present specific challenges. They might be uncooperative to allowing an inspection of the property. They might have left the house already and/or neglected care of the house for quite awhile - or even worse, caused damage to the property.
If your house has already gone back to Real Estate Owned, you will interested in a speedy disposition. But you may want to know about and examine 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 called for to make the home marketable at full market value comparable with similar real estate in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your urgency and the specific circumstances of an REO property, as well as the specific information you'll need -- competing listings, neighborhood trends, and so forth. You can rely on Gregory James Company, Inc. to take on the appraisal of your REO with expertise and professionalism. Contact us today.
Got a Question?
Do you have a question relating to real estate appraisals? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.