Call Lamb Appraisals when you need valuations pertaining to Paulding foreclosures

Lamb Appraisals is the company you should trust when you need appraisals for bank owned properties in the Metro Atlanta area.

Homes in foreclosure and houses that have returned to the financial institution's ownership create particular appraisal problems.

When dealing with a house in foreclosure, you need to differentiate market value versus a "quick disposition" price to analyze your likely charge-off liability. At Lamb Appraisals, we have the knowledge in both furnishing snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your pressing needs.

Lamb Appraisals has the training to deal with the specific dynamics of a foreclosure appraisal. Contact Lamb Appraisals for a company you can rely on.

Owners of properties in foreclosure, of course, can present particular challenges: They may be disinclined to allow an inspection of the property. Sometimes the homes show signs of vandalism, often at the hands of the former residents themselves. Or, it's common to discover nobody has occupied the house for months or the home languishing in disrepair for extended periods of time.

You will be interested in a speedy disposition if the home has returned to Real Estate Owned. So you might want to understand and compare three values: "as-is", "as repaired", and "quick sale". These symbolize:

  • The value of the property without any repairs performed
  • Value with the work needed to make the house marketable at full market value - comparable with competing properties in the area
  • Somewhere in the middle, with minimal investment in repairs - to get rid of the property quickly, likely to someone who'd rather finish the job themselves
Again, we understand your urgency and the unique circumstances of a Real Estate Owned house, in addition to the specific data you will need - competing listings, market trends, and so forth. You can bank on Lamb Appraisals to handle the task of your REO professionally and efficiently. Contact us today.