Foreclosure and Real Estate Owned Appraisal in Clayton CountyHomes in foreclosure and houses that have gone back to the lender's holding bring forth unique appraisal difficulties. It's important to understand the difference between fair market value and "quick disposition" value to know your potential charge-off liability when dealing with a property in foreclosure. Paragon Valuations, LLC has the knowledge in both supplying snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your timeline. You need a company who has the experience to deal with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Paragon Valuations, LLC. Owners of property in foreclosure, of course, can present specific challenges. They might be uncooperative to allowing an inspection of the home. If they moved out of the property already, they could have neglected care of the property for some time - or unfortunately, ransacked the house. You will be interested in an expedited disposition if the home has already reverted to Real Estate Owned. So you need to know about and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any work performed, with the repairs due to make the property marketable at full market value corresponding with the other real estate in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your timeline and the specific situation of a Real Estate Owned home, in addition to the specific data you'll need -- competing listings, neighborhood trends, and the like. You can rely on Paragon Valuations, LLC to handle the appraisal of your bank owned property professionally and efficiently. Contact us today. |