Sound Appraisal Group, Inc is a company you can trust when it comes to foreclosures in Silverdale
Properties in foreclosure and homes that have returned to the lender's ownership bring forth specific appraisal challenges.
For a home in foreclosure, you might need to understand the difference between the fair market price and "quick disposition" price to know your likely charge-off liability. The professionals at Sound Appraisal Group, Inc can provide both snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into account your time line.
You need a company who has the expertise to handle the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Sound Appraisal Group, Inc.
Owners of houses in foreclosure might be unwilling to allow an inspection of the home, thus presenting specific challenges. If they have abandoned the property already, they may have overlooked the care of the home for awhile - or unfortunately, caused damage to the property.
For a house that has changed to REO, you most likely will be going for a fast resolution . However, you might want to know and analyze three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any repairs performed, with the work needed to make the home marketable at full market value corresponding with the other homes in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the special situation of a bank owned home, in addition to the special data you will need -- competing listings, neighborhood trends, and the like. You can bank on Sound Appraisal Group, Inc to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.