![]() Ultimate Georgia Appraisal, LLC is experienced when you need appraisals for foreclosures in BullochHouses that have reverted to the bank's possession and properties in foreclosure bring forth various appraisal problems. When dealing with a house in foreclosure, it's important to recognize the difference between fair market value and "quick disposition" worth to analyze your possible charge-off liability. At Ultimate Georgia Appraisal, LLC, we have the background in both presenting snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your timeline. We have the expertise to deal with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Ultimate Georgia Appraisal, LLC. Owners of homes in foreclosure, of course, can present particular challenges. They might be uncooperative to allowing an inspection of the property. Often the homes have been intentionally damaged, unfortunately by the former residents. Or, it's likely you'll discover a house at least abandoned or the home neglected for long of time. You will be interested in an expeditious disposition if the home has already reverted to REO. So you may want to know about and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any work performed, with the repairs required to make the property marketable at full market value comparable with the other real estate in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the special situation of a bank owned home, as well as the specific 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 with expertise and professionalism. Contact us today. |