Geenius Valuations, Sherry C. Gee is a company you can trust when it comes to bank owned properties in CharlotteProperties that have gone back to the institution's ownership and houses in foreclosure bring forth specific appraisal challenges. For a house in foreclosure, you may need to recognize the gap between fair market value and "quick disposition" value to know your potential charge-off liability. The professionals at Geenius Valuations, Sherry C. Gee can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that take into consideration your time line. You need a company with the qualifications to handle the specific dynamics of a foreclosure appraisal. Contact Geenius Valuations, Sherry C. Gee for a company you can trust. Unique challenges might be present when dealing with owners of houses in foreclosure. They could be opposed to allowing an inspection of the home. If they deserted the house already, they could have overlooked the care of the house for quite awhile - or worse, caused damage to the property. For real estate that has already gone back to bank owned, you most likely will want to get rid of it quickly . But you may want to know about and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any work done to it, with the work required to make the house marketable at full market value consistent with similar real estate in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly to someone who'd rather finish the job themselves. Again, we understand your time line and the unique situation of a bank owned house, as well as the unique data you will need -- competing listings, market trends, and so forth. You can bank on Geenius Valuations, Sherry C. Gee to handle the task of your REO professionally and efficiently. Contact us today. |