Central Alabama Appraisal is a company you can trust when it comes to foreclosures in WetumpkaThere are various appraisal problems regarding a property in foreclosure or one that has reverted to the bank's possession. When dealing with a property in foreclosure, it's important to recognize the difference between fair market worth and "quick disposition" value to analyze your potential charge-off liability. At Central Alabama Appraisal, we have the knowledge in both providing snapshots of fair market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your time line. We have the experience to deal with the special dynamics of a foreclosure appraisal. For a company you can count on, contact Central Alabama Appraisal. Owners of property in foreclosure, of course, can present unique challenges. They might be disinclined to allow an inspection of the house. If they left the property already, they might have not taken care of the home for some time - or worse, ransacked the house. If your home has already returned to REO, you will interested in a speedy disposition. However, you might want to know and analyze three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any work done to it, with the repairs required to make the home marketable at full market value comparable with similar houses in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the special situation of an REO property, as well as the special data you will need -- competing listings, market trends, and the like. You can bank on Central Alabama Appraisal to take on the task of your REO with expertise and professionalism. Contact us today. |