Gold Coast Appraisal Group LLC is a company you can trust when you need appraisals for bank owned properties in Cliffside Park
Properties in foreclosure and homes that have reverted to the financial institution's possession create particular appraisal difficulties.
For a house in foreclosure, you need to know the gap between fair market and "quick disposition" value to know your potential charge-off liability. At Gold Coast Appraisal Group LLC, we have the training in both presenting snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your time constraints.
Gold Coast Appraisal Group LLC has the expertise to deal with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Gold Coast Appraisal Group LLC.
Owners of houses in foreclosure, of course, can present particular challenges. They might be disinclined to allow an inspection of the house. Sometimes the subjects show signs of vandalism, unfortunately by the former residents. Or, it's common to find a house at a minimum abandoned or the home neglected for extended periods of time.
For real estate that has gone back to bank owned, you probably will want it off your hands as quickly as possible . But you might want to know and compare three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any work done to it, with the work needed to make the home marketable at full market value consistent with competing houses in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the unique circumstances of a bank owned home, in addition to the specific data you'll need -- competing listings, market trends, and the like. You can bank on Gold Coast Appraisal Group LLC to handle the task of your REO with expertise and professionalism. Contact us today.