Call Skylight Evaluations when you need appraisals regarding Dekalb foreclosures

Skylight Evaluations is experienced when you need appraisals for foreclosures in Lithonia, Metro Atlanta and most of Georgia

There are various appraisal difficulties when we're talking about a house in foreclosure or one that has returned to the bank's ownership.

 

For a house in foreclosure, you need to know the gap between the market value and a "quick disposition" price to know your potential charge-off liability. At Skylight Evaluations, we have the training in both furnishing snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that consider your pressing needs.

You need a company who has the experience to work with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Skylight Evaluations.

Owners of property in foreclosure, naturally, can present particular challenges: For example, they might be combative when it comes to allowing the appraiser access to the property. They might have left the home already and/or overlooked the care of the house for quite awhile - or worse, ransacked the house.

 

For a house that has already returned to bank owned, you most likely will want it off your hands as quickly as possible. However, you may want to know and compare the concepts of "as-is", "as repaired", and "quick sale" values. These correspond to:

  • The value of the home without any work performed
  • Value with the work needed to make the property marketable at full market value - commensurate with other real estate in the area
  • With minimal investment in repairs - to offload the home quickly, likely to someone inclined to finish the job themselves
Again, we understand your urgency and the special situation of a bank owned house, as well as the unique data you'll need - competing listings, neighborhood trends, and so forth. You can bank on Skylight Evaluations to take on the appraisal of your REO with expertise and professionalism. Contact us today.