Gold Coast Appraisal Group LLC is experienced when you need appraisals for bank owned properties in Cliffside Park
Houses in foreclosure and homes that have gone back to the bank's control bring forth special appraisal challenges.
For a home in foreclosure, you should know the difference between fair market value and "quick disposition" value to know your possible charge-off liability. Gold Coast Appraisal Group LLC has the knowledge in both furnishing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into consideration your timeline.
You need a company who has the experience to work with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Gold Coast Appraisal Group LLC.
Owners of properties in foreclosure, of course, can present special challenges. They may be unwilling to allow an inspection of the home. Often the subjects have been intentionally damaged, often at the hands of the residents themselves. Or, it's likely you'll find a house at a minimum abandoned or the home neglected for long of time.
If your home has already changed to Real Estate Owned, you will interested in a speedy disposition. However, you might want 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 performed, with the work necessary to make the property marketable at full market value commensurate with the other properties in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your urgency and the specific circumstances of a bank owned house, as well as the unique data you'll need -- competing listings, neighborhood trends, and so forth. You can bank on Gold Coast Appraisal Group LLC to take on the task of your bank owned property with expertise and professionalism. Contact us today.