![]() Gold Coast Appraisal Group LLC is a company you can trust when it comes to bank owned properties in Cliffside ParkHouses in foreclosure and houses that have gone back to the financial institution's control present various appraisal challenges. When there is a house in foreclosure, it's important to differentiate the difference between fair market value and "quick disposition" price to know your probable charge-off liability. Gold Coast Appraisal Group LLC has the background in both presenting snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time line. You need a company who has the qualifications to handle the particular dynamics of a foreclosure appraisal. Contact Gold Coast Appraisal Group LLC for a company you can count on. Owners of houses in foreclosure, of course, can present specific challenges. They could be opposed to allowing an inspection of the property. Sometimes the houses show signs of vandalism, unfortunately at the hands of the residents. Or, it's likely you'll find a house at a minimum abandoned or the home neglected for long of time. If your property has already reverted to Real Estate Owned, you will interested in an expedited disposition. But you may want to know and review three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any repairs performed, with the repairs due to make the home marketable at full market value commensurate with the other properties in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your urgency and the special situation of a bank owned property, in addition to the specific information you will need -- competing listings, neighborhood trends, and so forth. You can bank on Gold Coast Appraisal Group LLC to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today. |