![]() The Dorian Group is a company you can trust when it comes to foreclosures in GraftonProperties that have gone back to the bank's possession and homes in foreclosure create special appraisal difficulties. For a property in foreclosure, you need to recognize the difference between fair market worth and "quick disposition" price to know your possible charge-off liability. The Dorian Group has the background in both furnishing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time line. The Dorian Group has the qualifications to deal with the specific dynamics of a foreclosure appraisal. Contact The Dorian Group for a company you can count on. Owners of property in foreclosure may be unwilling to allow an inspection of the property, thus presenting unique challenges. They could have deserted the home already and/or overlooked the care of the home for a long time - or worse, caused damage to the property. If your home has already reverted to bank owned, you will interested in an expedited disposition. However, you may want to understand and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any work performed, with the repairs required to make the house marketable at full market value commensurate with the other homes in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your time line and the unique situation of a Real Estate Owned home, as well as the special information you will need -- competing listings, neighborhood trends, and so forth. You can count on The Dorian Group to take on the appraisal of your REO with expertise and professionalism. Contact us today. |