Call Eady & Associates llc. to discuss valuations regarding Hamilton foreclosures

Eady & Associates llc. is experienced when it comes to foreclosures in Chattanooga, Tennessee

Real Estate in foreclosure and properties that have gone back to the financial institution's ownership present various appraisal problems.

When dealing with a house in foreclosure, it's important to differentiate market value versus a "quick disposition" price to evaluate your likely charge-off liability. The professionals at Eady & Associates llc. can provide both snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time constraints.

The professionals at Eady & Associates llc. have the qualifications to work with the particular dynamics of a foreclosure appraisal. Contact Eady & Associates llc. for a company you can trust.

Particular challenges can be present when working with owners of homes in foreclosure. They could be disinclined to allow an inspection of the property. Often the homes have been vandalized, unfortunately at the hands of the former residents. Or, it's common to discover the families have moved out or the home languishing in disrepair for extended periods of time.

You'll be interested in an expedited disposition if the property has already changed to bank owned. So you may want to know about and compare three values: "as-is", "as repaired", and "quick sale". These correspond to:

  • The value of the house without any work performed
  • Possible value with the work due to make the home marketable at full market value - in accordance with competing properties in the neighborhood
  • With minimal investment in repairs - to sell the home quickly, likely as a "fixer-upper"
Again, we understand your timeline and the unique circumstances of a Real Estate Owned property, in addition to the special information you'll need - competing listings, market trends, and the like. You can bank on Eady & Associates llc. to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.