The August Group Inc. is a company you can trust when it comes to bank owned properties in St LouisReal Estate in foreclosure and houses that have returned to the financial institution's control bring forth various appraisal problems. It's vital to recognize the difference between fair market worth and "quick disposition" value to evaluate your likely charge-off liability when dealing with a house in foreclosure. The August Group Inc. has the experience in both furnishing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into account your urgency. You need a company with the expertise to handle the unique dynamics of a foreclosure appraisal. Contact The August Group Inc. for a company you can rely on. Occupants of houses in foreclosure may be opposed to allowing an inspection of the home, thus presenting specific challenges. They may have deserted the house already and/or ignored the care of the home for quite awhile - or gone as far as damaged the home. You'll be interested in an expedited disposition if the home has already returned to REO. So you need to understand and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any repairs done to it, with the work due to make the house marketable at full market value appropriate with similar properties in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your time line and the unique situation of a Real Estate Owned property, as well as the unique information you'll need -- competing listings, neighborhood trends, and the like. You can bank on The August Group Inc. to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today. |