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Call The August Group Inc. when you need valuations pertaining to Saint Louis foreclosures

The August Group Inc. is a company you can trust when it comes to bank owned properties in St Louis

There are special appraisal difficulties involved in a home in foreclosure or one that has gone back to the bank's holding.

For a property in foreclosure, you may need to understand the gap between fair market and "quick disposition" worth to know your probable charge-off liability. At The August Group Inc., we have the knowledge in both furnishing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your timeline.

The professionals at The August Group Inc. have the experience to deal with the special dynamics of a foreclosure appraisal. Contact The August Group Inc. for a company you can count on.

Owners of property in foreclosure, of course, can present specific challenges. They might be disinclined to allow an inspection of the property. They might have abandoned the house already and/or ignored the care of the property for some time - or in some cases vandalized the property.

For real estate that has gone back to REO, you typically will want it off your hands as quickly as possible . However, you might want to know about and review three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any repairs performed, with the work needed to make the house marketable at full market value comparable with similar homes in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your time line and the specific situation of an REO home, as well as the specific information you'll need -- competing listings, neighborhood trends, and the like. You can rely on The August Group Inc. to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.