![]() Gumina Team Appraisal is a company you can trust when it comes to foreclosures in southeast WisconsinHouses that have gone back to the financial institution's holding and homes in foreclosure present specific appraisal difficulties. You need to recognize the difference between fair market value and "quick disposition" worth to evaluate what losses you stand to realize when dealing with a property in foreclosure. Gumina Team Appraisal has the experience in both furnishing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your timeline. The professionals at Gumina Team Appraisal have the expertise to work with the special dynamics of a foreclosure appraisal. For a company you can count on, contact Gumina Team Appraisal. Owners of property in foreclosure, of course, can present particular challenges. They could be unwilling to allow an inspection of the house. If they abandoned the home already, they could have ignored the care of the home for quite awhile - or unfortunately, caused damage to the home. For real estate that has already reverted to bank owned, you typically will want it off your hands as quickly as possible . But you might want to understand and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any repairs done to it, with the repairs called for to make the property marketable at full market value commensurate with similar properties in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the special situation of an REO home, as well as the unique data you will need -- competing listings, neighborhood trends, and so forth. You can rely on Gumina Team Appraisal to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today. |