Sound Appraisal Group, Inc is experienced when it comes to bank owned properties in Silverdale
Homes that have reverted to the bank's possession and homes in foreclosure create particular appraisal challenges.
For a home in foreclosure, you need to understand the difference between fair market value and "quick disposition" to know your probable charge-off liability. At Sound Appraisal Group, Inc, we have the knowledge in both producing snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your timeline.
You need a company with the qualifications to deal with the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Sound Appraisal Group, Inc.
Specific challenges can be present when dealing with owners of homes in foreclosure. They could be disinclined to allow an inspection of the home. If they have abandoned the home already, they might have not taken care of the house for quite some time - or worse, ransacked the home.
If your house has changed to REO, you will interested in an expeditious disposition. But you may want to know and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any work performed, with the repairs necessary to make the home marketable at full market value appropriate with the other properties in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your timeline and the unique situation of a bank owned home, in addition to the specific data you'll need -- competing listings, neighborhood trends, and the like. You can count on Sound Appraisal Group, Inc to take on the task of your bank owned property with expertise and professionalism. Contact us today.