![]() Southern Star Real Estate Services is a company you can trust when you need appraisals for foreclosures in Powder SpringsHomes in foreclosure and homes that have gone back to the financial institution's control present various appraisal challenges. For a property in foreclosure, you need to understand the gap between the fair market and "quick disposition" worth to know your possible charge-off liability. We can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your timeline. The professionals at Southern Star Real Estate Services have the experience to deal with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Southern Star Real Estate Services. Owners of property in foreclosure, of course, can present particular challenges. They could be opposed to allowing an inspection of the property. Sometimes the properties show signs of vandalism, often by the residents. Or, it's likely you'll discover the residents have moved out or the home neglected for long of time. For a house that has gone back to Real Estate Owned, you probably will be interested in a speedy disposition . However, you might want to understand and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any work performed, with the repairs needed to make the house marketable at full market value comparable with competing properties in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your timeline and the unique circumstances of an REO property, in addition to the specific information you'll need -- competing listings, market trends, and the like. You can bank on Southern Star Real Estate Services to handle the appraisal of your REO professionally and efficiently. Contact us today. |