The August Group Inc. is a company you can trust when it comes to foreclosures in Saint Louis
Properties that have returned to the financial institution's control and houses in foreclosure bring forth specific appraisal challenges.
For a house in foreclosure, you might need to know the difference between the fair market worth and "quick disposition" value to know your probable charge-off liability. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into account your timeline.
You need a company with the training to handle the special dynamics of a foreclosure appraisal. Contact The August Group Inc. for a company you can trust.
Owners of in foreclosure might be disinclined to allow an inspection of the home, thus presenting special challenges. If they left the house already, they may have ignored the care of the property for quite some time - or unfortunately, caused damage to the property.
For a house that has changed to REO, you probably will be interested in a fast resolution . But you might want to know about and review three values: as-is, as repaired, and "quick sale." These represent the value of the property without any repairs done to it, with the repairs needed to make the property marketable at full market value consistent with competing houses in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably to someone who'd rather finish the job themselves. Again, we understand your time line and the special situation of an REO house, as well as the unique data you will need -- competing listings, market trends, and the like. You can bank on The August Group Inc. to handle the task of your REO professionally and efficiently. Contact us today.