Gold Coast Appraisal Group LLC is experienced when it comes to foreclosures in Cliffside Park
Homes in foreclosure and houses that have gone back to the financial institution's control create specific appraisal challenges.
When there is a home in foreclosure, it's important to know the difference between fair market worth and "quick disposition" price to evaluate your possible charge-off liability. The professionals at Gold Coast Appraisal Group LLC can provide both snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time constraints.
Gold Coast Appraisal Group LLC has the training to work with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Gold Coast Appraisal Group LLC.
Particular challenges might be present when working with owners of houses in foreclosure. They may be disinclined to allow an inspection of the house. They may have deserted the property already and/or neglected care of the house for quite some time - or unfortunately, damaged the property.
If your home has already reverted to bank owned, you will interested in a quick disposition. But you might want to know and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any work done to it, with the work necessary to make the property marketable at full market value corresponding with competing properties in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the unique situation of a bank owned house, as well as the special data you will need -- competing listings, neighborhood trends, and so forth. You can count on Gold Coast Appraisal Group LLC to take on the task of your REO with expertise and professionalism. Contact us today.