Appraisal Solutions is the company you should trust when it comes to bank owned properties in Gadsden, AlabamaProperties that have reverted to the financial institution's control and properties in foreclosure create various appraisal challenges.When there is a property in foreclosure, you need to differentiate market value versus a "quick disposition" price to analyze your possible charge-off liability. We can provide both snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that respect your pressing needs.
Occupants of property in foreclosure might be uncooperative to allowing an inspection of the home, thus presenting particular challenges. Sometimes the homes show signs of vandalism, unfortunately by the former residents. Or, it's common to discover nobody has lived in house for months or the home neglected for long periods of time.
For real estate that has gone back to REO, you typically will want it off your hands as quickly as possible. Regardless, you'll still want to consider three angles for determining the value of the real estate at hand: |