![]() Foreclosure and Real Estate Owned Appraisals in Bulloch CountyThere are various appraisal challenges involved in a home in foreclosure or one that has reverted to the financial institution's possession. For a home in foreclosure, you might need to recognize the gap between fair market price and "quick disposition" value to know your possible charge-off liability. Ultimate Georgia Appraisal, LLC has the training in both producing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that take into consideration your time line. The professionals at Ultimate Georgia Appraisal, LLC have the training to work with the specific dynamics of a foreclosure appraisal. Contact Ultimate Georgia Appraisal, LLC for a company you can count on. Occupants of in foreclosure might be unwilling to allow an inspection of the house, thus presenting particular challenges. Sometimes the homes have been intentionally damaged, often by the residents themselves. Or, it's likely you'll find a house at a minimum abandoned or the home languishing in disrepair for extended periods of time. If your property has already reverted to bank 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 home without any work performed, with the work required to make the house marketable at full market value consistent with competing houses in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your urgency and the unique circumstances of a Real Estate Owned house, in addition to the unique information you will need -- competing listings, neighborhood trends, and the like. You can rely on Ultimate Georgia Appraisal, LLC to handle the appraisal of your REO professionally and efficiently. Contact us today. |