Real Estate Owned and Foreclosure Appraisal in Bergen CountyHouses that have returned to the bank's ownership and properties in foreclosure bring forth various appraisal difficulties. For a home in foreclosure, you need to recognize the gap between fair market and "quick disposition" price to know your potential charge-off liability. We can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that take into consideration your timeline. The professionals at Gold Coast Appraisal Group LLC have the qualifications to work with the specific dynamics of a foreclosure appraisal. Contact Gold Coast Appraisal Group LLC for a company you can count on. Owners of homes in foreclosure, of course, can present special challenges. They might be disinclined to allow an inspection of the house. Sometimes the properties have been vandalized, unfortunately by the residents. Or, it's likely you'll find nobody has lived in house for months or the home neglected for long of time. If your house has already returned to REO, you will interested in a speedy disposition. But you might want to understand and examine three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any work done to it, with the work called for to make the house marketable at full market value commensurate with similar houses in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your timeline and the unique situation of an REO house, in addition to the specific data you will need -- competing listings, market trends, and so forth. You can rely on Gold Coast Appraisal Group LLC to take on the task of your bank owned property professionally and efficiently. Contact us today. |