All State Appraisal Partners, Inc. is experienced when you need appraisals for bank owned properties in Mooresville
There are particular appraisal difficulties for a home in foreclosure or one that has gone back to the lender's control.
When there is a home in foreclosure, you should differentiate the difference between fair market value and "quick disposition" worth to evaluate your potential charge-off liability. At All State Appraisal Partners, Inc., we have the knowledge in both providing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your urgency.
All State Appraisal Partners, Inc. has the training to handle the specific dynamics of a foreclosure appraisal. For a company you can count on, contact All State Appraisal Partners, Inc..
Occupants of in foreclosure might be uncooperative to allowing an inspection of the property, thus presenting specific challenges. Sometimes the properties have been vandalized, often at the hands of the residents. Or, it's likely you'll discover nobody has occupied the house for months or the home languishing in disrepair for extended periods of time.
If your home has changed to Real Estate Owned, you will interested in an expedited disposition. But you might want to know about and review three values: as-is, as repaired, and "quick sale." These represent the value of the house without any work done to it, with the work needed to make the home marketable at full market value consistent with competing homes in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably to someone who'd rather finish the job themselves. Again, we understand your urgency and the unique circumstances of a Real Estate Owned home, in addition to the unique information you will need -- competing listings, neighborhood trends, and the like. You can rely on All State Appraisal Partners, Inc. to take on the task of your bank owned property professionally and efficiently. Contact us today.
Got a Question?
Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.