The August Group Inc. is experienced when it comes to foreclosures in St Louis
Properties that have gone back to the institution's ownership and properties in foreclosure bring forth specific appraisal challenges.
You should understand the difference between fair market worth and "quick disposition" value to evaluate your potential write-down liability when dealing with a home in foreclosure. We can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into consideration your timeline.
You need a company who has the experience to deal with the particular dynamics of a foreclosure appraisal. For a company you can count on, contact The August Group Inc..
Special challenges can be present when dealing with owners of houses in foreclosure. They might be unwilling to allow an inspection of the home. They might have left the home already and/or neglected care of the house for quite some time - or worse, vandalized the house.
For real estate that has already reverted to bank owned, you typically will want it off your hands as quickly as possible . But you may want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any repairs performed, with the repairs necessary to make the home marketable at full market value comparable with the other real estate in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly to someone who'd rather finish the job themselves. Again, we understand your timeline and the special situation of a bank owned house, as well as the special data you'll need -- competing listings, market trends, and so forth. You can rely on The August Group Inc. to handle the task of your REO professionally and efficiently. Contact us today.