Graham Appraisal is experienced when it comes to bank owned properties in Glasgow
Properties in foreclosure and properties that have gone back to the bank's holding create special appraisal challenges.
When there is a house in foreclosure, you should understand the difference between fair market value and "quick disposition" value to evaluate your likely charge-off liability. Graham Appraisal has the experience in both supplying snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that take into account your urgency.
The professionals at Graham Appraisal have the expertise to deal with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Graham Appraisal.
Owners of property in foreclosure might be uncooperative to allowing an inspection of the home, thus presenting particular challenges. If they deserted the property already, they might have neglected care of the property for some time - or unfortunately, damaged the home.
For real estate that has reverted to bank owned, you likewise will be going for a speedy resolution . However, you may want to know about and analyze three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any work done to it, with the work needed to make the home marketable at full market value corresponding with the other homes in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your timeline and the unique situation of an REO house, in addition to the unique data you will need -- competing listings, market trends, and the like. You can bank on Graham Appraisal to take on the task of your REO with expertise and professionalism. Contact us today.