AMG Appraisal, LLC is experienced when it comes to foreclosures in MaconHomes that have gone back to the bank's ownership and houses in foreclosure bring forth special appraisal challenges. It's important to know the difference between fair market value and "quick disposition" value to know your possible charge-off liability when dealing with a home in foreclosure. At AMG Appraisal, LLC, we have the background in both providing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time line. You need a company who has the qualifications to work with the special dynamics of a foreclosure appraisal. Contact AMG Appraisal, LLC for a company you can rely on. Owners of houses in foreclosure, of course, can present specific challenges. They might be uncooperative to allowing an inspection of the home. Sometimes the houses have been ransacked, often at the hands of the residents. Or, it's likely you'll discover nobody has lived in house for months or the home neglected for long of time. You will be interested in a fast disposition if the property has gone back to Real Estate Owned. So you may want to know about and analyze three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any repairs performed, with the work required to make the property marketable at full market value consistent with competing real estate in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your timeline and the specific situation of a Real Estate Owned property, as well as the unique data you'll need -- competing listings, neighborhood trends, and the like. You can bank on AMG Appraisal, LLC to take on the appraisal of your REO with expertise and professionalism. Contact us today. |