Call King Valuations, Inc. when you need valuations regarding Fulton foreclosures

Real Estate Owned Appraisal in Fulton County

There are specific appraisal problems for a property in foreclosure or one that has reverted to the institution's possession.

When there is a house in foreclosure, you need to understand market value versus a "quick disposition" price to evaluate your potential charge-off liability. We can provide both snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into account your time constraints.

You need a company with the qualifications to work with the unique dynamics of a foreclosure appraisal. Contact King Valuations, Inc. for a company you can rely on.

Occupants of property in foreclosure might be disinclined to allow an inspection of the home, thus presenting special challenges. Often the homes show signs of vandalism, often at the hands of the residents themselves. Or, it's likely you'll find the families have moved out or the home languishing in disrepair for long periods of time.

For a home that has already returned to bank owned, you probably will want to get rid of it quickly. But you might want to understand and review three values - "as-is", "as repaired", and "quick sale". These symbolize:

  • The value of the property without any work done to it
  • Possible value with the repairs required to make the home marketable at full market value - in accordance with competing homes in the area
  • Somewhere in between, with minimal investment in repairs - to offload the home quickly, most likely to someone who'd prefer to finish the job themselves
Again, we understand your time line and the special situation of an REO house, as well as the specific data you will need - competing listings, market trends, and the like. You can bank on King Valuations, Inc. to handle the task of your REO with expertise and professionalism. Contact us today.