Gold Coast Appraisal Group LLC is experienced when it comes to bank owned properties in BergenHomes that have returned to the institution's control and properties in foreclosure present specific appraisal difficulties. You need to understand the difference between fair market worth and "quick disposition" value to evaluate your potential write-down liability when dealing with a property in foreclosure. At Gold Coast Appraisal Group LLC, we have the training in both furnishing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your timeline. You need a company with the expertise to deal with the special dynamics of a foreclosure appraisal. For a company you can count on, contact Gold Coast Appraisal Group LLC. Owners of properties in foreclosure, of course, can present specific challenges. They could be unwilling to allow an inspection of the house. Often the homes show signs of vandalism, unfortunately at the hands of the residents themselves. Or, it's likely you'll discover nobody has lived in house for months or the home languishing in disrepair for extended periods of time. You will be interested in an expedited disposition if the home has already reverted to REO. So you might want to know and analyze three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any work done to it, with the repairs called for to make the home marketable at full market value commensurate with the other houses in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, most likely to someone inclined to finish the job themselves. Again, we understand your time line and the special circumstances of a Real Estate Owned house, as well as the specific information you'll need -- competing listings, market trends, and the like. You can rely on Gold Coast Appraisal Group LLC to handle the task of your REO professionally and efficiently. Contact us today. |