REO Appraisal

Real Estate Appraisal Service

Foreclosure Appraisals in Cobb County

There are particular appraisal problems involved in a property in foreclosure or one that has returned to the bank’s holding. You should recognize the meanings of “market value” and a “quick disposition” price to evaluate your likely write-down liability when dealing with a house in foreclosure. We can provide both snapshots of market value for our mortgage lending clients, in addition to “quick sale” forecasts that respect your time line.

We have the experience to deal with the special dynamics of a foreclosure appraisal. For a company you can count on, contact Baldwin & Hufstetler Real Estate Appraiser.

Occupants of houses in foreclosure may be disinclined to allow an inspection of the property, thus presenting particular challenges. They may have deserted the home already and/or ignored the care of the home for awhile – or worse, intentionally harmed the house.

For a home that has already reverted to bank owned, you most likely will want to get rid of it quickly. In any case, you’ll still want to consider three ways of figuring the value of the real estate at hand:

As Repaired. Possible market value with the work necessary to make the home marketable at full market value – appropriate with other properties in the area
As-is. The market value of the property without any work performed
Quick sale. With minimal investment in repairs – to get rid of the property quickly, likely as a “fixer-upper”

Again, we understand your urgency and the specific situation of an REO house, as well as the special information you will need – competing listings, market trends, and so forth. You can bank on Baldwin & Hufstetler Real Estate Appraiser to handle the task of your bank owned property with expertise and professionalism. Contact us today.

REO Appraisal

Real Estate Appraisal Service

Foreclosure Appraisals in Cobb County

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