Sound Appraisal Group, Inc is a company you can trust when it comes to foreclosures in Silverdale
Houses in foreclosure and houses that have reverted to the bank's holding present unique appraisal difficulties.
For a property in foreclosure, you should know the gap between the fair market worth and "quick disposition" worth to know your potential charge-off liability. At Sound Appraisal Group, Inc, we have the background in both supplying snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your urgency.
The professionals at Sound Appraisal Group, Inc have the training to handle the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Sound Appraisal Group, Inc.
Specific challenges can be present when working with owners of homes in foreclosure. They may be unwilling to allow an inspection of the home. They could have abandoned the house already and/or overlooked the care of the property for awhile - or gone as far as damaged the home.
For real estate that has already gone back to REO, you most likely will be seeking a speedy disposition . But you might want to understand and analyze three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any work performed, with the repairs needed to make the property marketable at full market value comparable with similar real estate in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your urgency and the unique situation of a Real Estate Owned property, as well as the unique information you'll need -- competing listings, market trends, and the like. You can count on Sound Appraisal Group, Inc to handle the task of your bank owned property with expertise and professionalism. Contact us today.