Call Gregory James Company, Inc. to discuss appraisals regarding Polk foreclosures

Foreclosure Appraisal in Polk County

Homes that have returned to the financial institution's holding and homes in foreclosure present particular appraisal challenges.

When there is a home in foreclosure, you need to differentiate the difference between fair market price and "quick disposition" value to analyze your potential charge-off liability. Gregory James Company, Inc. has the background in both providing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your time constraints.

The professionals at Gregory James Company, Inc. have the qualifications to handle the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Gregory James Company, Inc..

Owners of property in foreclosure, of course, can present special challenges. They might be disinclined to allow an inspection of the property. They could have left the house already and/or ignored the care of the property for awhile - or unfortunately, damaged the home.

You will be interested in an expeditious disposition if the home has changed to Real Estate Owned. So you may want to understand and review three values: as-is, as repaired, and "quick sale." These represent the value of the house without any work performed, with the repairs necessary to make the house marketable at full market value corresponding with competing houses in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely to someone who'd rather finish the job themselves. Again, we understand your timeline and the specific situation of a Real Estate Owned house, in addition to the unique information you will need -- competing listings, neighborhood trends, and so forth. You can bank on Gregory James Company, Inc. to take on the task of your bank owned property with expertise and professionalism. 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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