The August Group Inc. is a company you can trust when it comes to bank owned properties in Saint Louis
Real Estate in foreclosure and homes that have gone back to the financial institution's control bring forth unique appraisal problems.
For a home in foreclosure, you should know the difference between the fair market and "quick disposition" worth to know your likely charge-off liability. The professionals at The August Group Inc. can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your urgency.
We have the qualifications to handle the special dynamics of a foreclosure appraisal. For a company you can trust, contact The August Group Inc..
Owners of homes in foreclosure, of course, can present specific challenges. They may be uncooperative to allowing an inspection of the home. Often the subjects have been ransacked, unfortunately at the hands of the former residents. Or, it's common to discover nobody has lived in house for months or the home languishing in disrepair for extended periods of time.
If your house has already returned to Real Estate Owned, you will interested in a quick disposition. However, you may want to know and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work done to it, with the work due to make the property marketable at full market value corresponding with the other real estate in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the specific circumstances of an REO house, as well as the specific information you will need -- competing listings, market trends, and the like. You can count on The August Group Inc. to take on the appraisal of your REO with expertise and professionalism. Contact us today.