Gregory James Company, Inc. is a company you can trust when it comes to foreclosures in Polk
Houses that have returned to the bank's control and houses in foreclosure present various appraisal difficulties.
It's key to know the difference between fair market value and "quick disposition" price to evaluate your possible charge-off liability when dealing with a home in foreclosure. The professionals at Gregory James Company, Inc. can provide both snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time constraints.
You need a company who has the qualifications to work with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Gregory James Company, Inc..
Owners of properties in foreclosure, of course, can present special challenges. They might be uncooperative to allowing an inspection of the property. If they left the house already, they might have ignored the care of the property for some time - or unfortunately, caused damage to the property.
You'll be interested in a quick disposition if the property has gone back to Real Estate Owned. So you may want to know and examine three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any repairs performed, with the repairs due to make the house marketable at full market value appropriate with competing real estate in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the special circumstances of an REO home, as well as the specific information you will need -- competing listings, market trends, and the like. You can bank on Gregory James Company, Inc. to take on the task of your bank owned property professionally and efficiently. Contact us today.
Got a Question?
Do you have a question relating to real estate appraisals? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.