![]() The Cary Group is a company you can trust when you need appraisals for bank owned properties in WilliamsonHouses that have reverted to the institution's control and homes in foreclosure present unique appraisal challenges. When dealing with a house in foreclosure, it's important to differentiate the difference between fair market worth and "quick disposition" value to evaluate your probable charge-off liability. At The Cary Group, we have the background in both providing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your timeline. The Cary Group has the experience to deal with the unique dynamics of a foreclosure appraisal. Contact The Cary Group for a company you can rely on. Occupants of dwellings in foreclosure could be opposed to allowing an inspection of the home, thus presenting specific challenges. If they abandoned the home already, they could have neglected care of the property for some time - or even worse, caused damage to the house. For real estate that has already reverted to REO, you probably will be interested in an expedited resolution . But you might want to know and analyze three values: as-is, as repaired, and "quick sale." These represent the value of the home without any repairs performed, with the work needed to make the house marketable at full market value comparable with the other real estate in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the unique circumstances of a bank owned home, in addition to the unique information you will need -- competing listings, neighborhood trends, and so forth. You can bank on The Cary Group to handle the task of your REO with expertise and professionalism. Contact us today. |