Giles Appraisal Group, Inc. is experienced when it comes to foreclosures in Panama City
Properties that have gone back to the bank's control and houses in foreclosure create special appraisal problems.
For a home in foreclosure, you need to know the difference between the fair market worth and "quick disposition" value to know your possible charge-off liability. The professionals at Giles Appraisal Group, Inc. can provide both snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that respect your time line.
The professionals at Giles Appraisal Group, Inc. have the expertise to deal with the unique dynamics of a foreclosure appraisal. Contact Giles Appraisal Group, Inc. for a company you can rely on.
Owners of houses in foreclosure may be uncooperative to allowing an inspection of the house, thus presenting particular challenges. They might have left the home already and/or neglected care of the property for quite awhile - or even worse, ransacked the house.
If your property has already changed to bank owned, you will interested in an expedited disposition. However, you might want to know about and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any work done to it, with the work due to make the house marketable at full market value corresponding with similar properties in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the unique situation of a Real Estate Owned home, in addition to the special data you'll need -- competing listings, neighborhood trends, and the like. You can bank on Giles Appraisal Group, Inc. to take on the appraisal of your REO professionally and efficiently. Contact us today.