JGI Valuations is a company you can trust when you need appraisals for bank owned properties in HialeahThere are specific appraisal challenges when it comes to a house in foreclosure or one that has returned to the bank's holding. For a property in foreclosure, you may need to recognize the difference between fair market price and "quick disposition" to know your likely charge-off liability. At JGI Valuations, we have the training in both presenting snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time constraints. JGI Valuations has the qualifications to deal with the particular dynamics of a foreclosure appraisal. For a company you can count on, contact JGI Valuations. Owners of houses in foreclosure, of course, can present specific challenges. They might be opposed to allowing an inspection of the property. Often the properties have been intentionally damaged, often by the residents. Or, it's likely you'll discover a house at a minimum abandoned or the home neglected for long of time. You will be interested in an expeditious disposition if the property has returned to REO. So you may want to understand and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any repairs performed, with the repairs due to make the home marketable at full market value appropriate with the other real estate in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your timeline and the specific situation of a bank owned house, in addition to the special data you'll need -- competing listings, market trends, and so forth. You can bank on JGI Valuations to handle the task of your bank owned property with expertise and professionalism. Contact us today. |