Graham Appraisal is a company you can trust when you need appraisals for bank owned properties in Glasgow
There are unique appraisal problems when it comes to a property in foreclosure or one that has returned to the lender's ownership.
For a home in foreclosure, you should recognize the gap between the fair market value and "quick disposition" worth to know your potential charge-off liability. Graham Appraisal has the knowledge in both supplying snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that respect your timeline.
You need a company who has the experience to work with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Graham Appraisal.
Unique challenges may be present when dealing with owners of properties in foreclosure. They may be opposed to allowing an inspection of the property. They may have moved out of the property already and/or overlooked the care of the property for quite awhile - or unfortunately, caused damage to the property.
If your home has already changed to REO, you will interested in an expedited disposition. However, you may want to know and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any repairs performed, with the repairs needed to make the home marketable at full market value consistent with the other houses in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your timeline and the unique situation of a Real Estate Owned property, in addition to the unique data you will need -- competing listings, market trends, and so forth. You can bank on Graham Appraisal to handle the task of your bank owned property professionally and efficiently. Contact us today.