G. W. Real Property Analysts is experienced when you need appraisals for bank owned properties in Wallingford
Houses in foreclosure and homes that have gone back to the bank's holding create various appraisal challenges.
It's key to ascertain the difference between fair market worth and "quick disposition" worth to know your potential charge-off liability when dealing with a home in foreclosure. At G. W. Real Property Analysts, we have the experience in both presenting snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time constraints.
The professionals at G. W. Real Property Analysts have the qualifications to work with the special dynamics of a foreclosure appraisal. For a company you can count on, contact G. W. Real Property Analysts.
Special challenges might be present when dealing with owners of houses in foreclosure. They may be opposed to allowing an inspection of the house. If they abandoned the home already, they may have neglected care of the house for a long time - or even worse, caused damage to the home.
You'll be interested in a speedy disposition if the house has changed to bank owned. So you need to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any work done to it, with the repairs called for to make the property marketable at full market value comparable with the other houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your urgency and the specific circumstances of a Real Estate Owned property, in addition to the special data you'll need -- competing listings, neighborhood trends, and the like. You can count on G. W. Real Property Analysts to take on the appraisal of your REO professionally and efficiently. Contact us today.