Gold Coast Appraisal Group LLC is experienced when you need appraisals for bank owned properties in Bergen
Properties in foreclosure and houses that have gone back to the financial institution's possession present particular appraisal problems.
For a house in foreclosure, you should understand the difference between fair market price and "quick disposition" to know your probable charge-off liability. We can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your urgency.
The professionals at Gold Coast Appraisal Group LLC have the experience to deal with the specific dynamics of a foreclosure appraisal. Contact Gold Coast Appraisal Group LLC for a company you can count on.
Special challenges might be present when working with owners of homes in foreclosure. They could be opposed to allowing an inspection of the house. They may have deserted the property already and/or ignored the care of the home for quite awhile - or unfortunately, vandalized the house.
You'll be interested in an expedited disposition if the home has reverted to bank owned. So you may want to understand and review three values: as-is, as repaired, and "quick sale." These represent the value of the home without any repairs done to it, with the repairs called for to make the home marketable at full market value comparable with similar properties in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your timeline and the special circumstances of a bank owned house, as well as the specific data you'll need -- competing listings, neighborhood trends, and so forth. You can count on Gold Coast Appraisal Group LLC to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.