Call Gold Coast Appraisal Group LLC to order appraisals of Bergen foreclosures

Foreclosure and REO Appraisals in Bergen County

Homes that have reverted to the bank's ownership and properties in foreclosure present specific appraisal difficulties.

For a house in foreclosure, you should recognize the difference between fair market worth and "quick disposition" value to know your probable charge-off liability. Gold Coast Appraisal Group LLC has the knowledge in both producing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that take into account your time line.

The professionals at Gold Coast Appraisal Group LLC have the experience to work with the unique dynamics of a foreclosure appraisal. Contact Gold Coast Appraisal Group LLC for a company you can rely on.

Owners of homes in foreclosure, of course, can present particular challenges. They could be unwilling to allow an inspection of the home. They might have moved out of the home already and/or overlooked the care of the home for quite awhile - or even worse, damaged the house.

If your home has returned to Real Estate Owned, you will interested in a speedy disposition. However, you may want to understand and examine three values: as-is, as repaired, and "quick sale." These represent the value of the house without any repairs done to it, with the work needed to make the property marketable at full market value comparable with similar homes in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the specific circumstances of an REO property, in addition to the special data you will need -- competing listings, market trends, and the like. You can bank on Gold Coast Appraisal Group LLC to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.