Call Woods Appraisal, LLC when you need appraisals of De Kalb foreclosures

Woods Appraisal, LLC is experienced when you need appraisals for bank owned properties in De Kalb County

There are specific appraisal problems when we're talking about a home in foreclosure or one that has reverted to the institution's possession.

When dealing with a home in foreclosure, you need to understand market value versus a "quick disposition" value to know your potential charge-off liability. The professionals at Woods Appraisal, LLC can provide both snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your time constraints.

We have the experience to deal with the specific dynamics of a foreclosure appraisal. Contact Woods Appraisal, LLC for a company you can .

Particular challenges might be present when dealing with owners of property in foreclosure. They might be uncooperative to allowing an inspection of the property. They may have left the house already and/or ignored the care of the property for some time - or worse, vandalized the property.

For a property that has reverted to REO, you probably will want it off your hands as quickly as possible. However, you might want to know and compare three values - "as-is", "as repaired", and "quick sale". These correspond to:

  • The value of the home without any repairs done to it
  • Value with the repairs needed to make the house marketable at full market value - in accordance with similar houses in the neighborhood
  • Somewhere in between, with minor investment in repairs - to get rid of the home quickly, possibly as a "fixer-upper"
Again, we understand your urgency and the specific situation of a Real Estate Owned property, in addition to the specific data you will need - competing listings, neighborhood trends, and so forth. You can bank on Woods Appraisal, LLC to handle the appraisal of your REO with expertise and professionalism. Contact us today.