Call Gregory James Company, Inc. when you need appraisals regarding Polk foreclosures

Foreclosure and Real Estate Owned Appraisals in Polk County

There are various appraisal difficulties for a home in foreclosure or one that has reverted to the lender's possession.

It's key to understand the difference between fair market price and "quick disposition" price to analyze your probable write-down liability when dealing with a property in foreclosure. Gregory James Company, Inc. has the background in both supplying snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your timeline.

You need a company who has the qualifications to work with the special dynamics of a foreclosure appraisal. Contact Gregory James Company, Inc. for a company you can trust.

Specific challenges can be present when dealing with owners of homes in foreclosure. They might be unwilling to allow an inspection of the house. Sometimes the properties have been vandalized, often by the residents. Or, it's likely you'll discover nobody has lived in house for months or the home neglected for extended periods of time.

You will be interested in a fast disposition if the home has already gone back to Real Estate Owned. So you may want to know and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any repairs done to it, with the work needed to make the property marketable at full market value consistent with similar houses in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your urgency and the unique situation of an REO home, in addition to the specific data you will need -- competing listings, neighborhood trends, and the like. You can rely on Gregory James Company, Inc. to take on the task of your REO professionally and efficiently. Contact us today.

Today's Rates

Mtg Loan Rate APR
30-yr Fixed 4.55% 4.7%
15-yr Fixed 4.01% 4.22%
1-yr Adj 2.76% 3.42%
* national averages

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