Call Ab2, Inc. to discuss valuations of Fulton foreclosures

REO Appraisals in Fulton County

Houses that have gone back to the institution's possession and houses in foreclosure bring forth special appraisal challenges.

When dealing with a property in foreclosure, you need to recognize market value versus a "quick disposition" value to evaluate your possible charge-off liability. We can provide both snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time line.

You need a company with the expertise to deal with the specific dynamics of a foreclosure appraisal. Contact Ab2, Inc. for a company you can .

Specific challenges can be present when working with owners of houses in foreclosure. They could be uncooperative to allowing an inspection of the house. Sometimes the properties have been intentionally damaged, unfortunately at the hands of the former residents. Or, it's likely you'll find the previous owners have moved out or the home languishing in disrepair for extended periods of time.

For real estate that has gone back to REO, you likewise will be interested in a speedy disposition. Regardless, you'll still want to consider three ways of determining the value of the real estate at hand:

  • As Repaired. Value with the repairs called for to make the home marketable at full market value - consistent with competing properties in the area
  • As-is. The market value of the home without any repairs performed
  • Quick sale. With minimal investment in repairs - to offload the home quickly, seemingly as a "fixer-upper"
Again, we understand your timeline and the unique situation of an REO property, as well as the specific data you'll need - competing listings, market trends, and so forth. You can bank on Ab2, Inc. to handle the task of your REO professionally and efficiently. Contact us today.