REO Appraisal in Iredell CountyThere are various appraisal problems involved in a property in foreclosure or one that has returned to the bank's control. For a home in foreclosure, you need to know the gap between fair market price and "quick disposition" price to know your potential charge-off liability. We can provide both snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your urgency. The professionals at All State Appraisal Partners, Inc. have the training to handle the unique dynamics of a foreclosure appraisal. Contact All State Appraisal Partners, Inc. for a company you can rely on. Occupants of in foreclosure may be opposed to allowing an inspection of the home, thus presenting particular challenges. They might have deserted the home already and/or neglected care of the home for a long time - or worse, caused damage to the house. You'll be interested in an expeditious disposition if the home has already reverted to Real Estate Owned. So you might want to know about and analyze three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any repairs done to it, with the repairs required to make the home marketable at full market value appropriate with the other houses 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 unique circumstances of a Real Estate Owned house, in addition to the specific data you'll need -- competing listings, market trends, and so forth. You can count on All State Appraisal Partners, Inc. to handle the appraisal of your REO with expertise and professionalism. Contact us today. |
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