Gold Coast Appraisal Group LLC is experienced when it comes to bank owned properties in Cliffside Park
There are various appraisal difficulties for a property in foreclosure or one that has returned to the financial institution's possession.
For a property in foreclosure, you need to know the gap between fair market worth and "quick disposition" worth to know your potential charge-off liability. Gold Coast Appraisal Group LLC has the training in both presenting snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your timeline.
Gold Coast Appraisal Group LLC has the experience to deal with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Gold Coast Appraisal Group LLC.
Owners of homes in foreclosure, of course, can present special challenges. They could be opposed to allowing an inspection of the property. If they moved out of the property already, they may have overlooked the care of the house for some time - or unfortunately, damaged the home.
If your property has already reverted to REO, you will interested in a fast disposition. However, you might want to know and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any repairs performed, with the repairs due to make the home marketable at full market value appropriate with the other homes in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your timeline and the special situation of a Real Estate Owned home, in addition to the special data you'll need -- competing listings, market trends, and so forth. You can count on Gold Coast Appraisal Group LLC to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.