Giles Appraisal Group, Inc is a company you can trust when you need appraisals for foreclosures in BayProperties in foreclosure and properties that have gone back to the institution's holding present special appraisal difficulties. When there is a home in foreclosure, it's important to understand the difference between fair market value and "quick disposition" value to know your likely charge-off liability. Giles Appraisal Group, Inc has the knowledge in both supplying snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into consideration your urgency. You need a company who has the training to deal with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Giles Appraisal Group, Inc. Owners of in foreclosure could be uncooperative to allowing an inspection of the property, thus presenting specific challenges. If they have abandoned the property already, they may have ignored the care of the house for a long time - or even worse, caused damage to the house. You will be interested in an expedited disposition if the home has already gone back to REO. So you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work performed, with the work called for to make the home marketable at full market value corresponding with similar homes in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your timeline and the unique situation of a Real Estate Owned home, in addition to the unique data you will need -- competing listings, market trends, and the like. You can rely on Giles Appraisal Group, Inc to handle the task of your REO with expertise and professionalism. Contact us today. |