Real Estate Owned Appraisal in Iredell CountyThere are unique appraisal difficulties when we're talking about a property in foreclosure or one that has reverted to the institution's possession. When there is a house in foreclosure, it's important to know the difference between fair market price and "quick disposition" value to know your likely charge-off liability. The professionals at All State Appraisal Partners, Inc. can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your time constraints. The professionals at All State Appraisal Partners, Inc. have the experience to handle the unique dynamics of a foreclosure appraisal. Contact All State Appraisal Partners, Inc. for a company you can count on. Specific challenges might be present when dealing with owners of houses in foreclosure. They might be uncooperative to allowing an inspection of the house. If they deserted the property already, they may have not taken care of the house for awhile - or unfortunately, caused damage to the home. You'll be interested in a fast disposition if the house has already returned to bank owned. So you may want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any repairs performed, with the work required to make the property marketable at full market value corresponding with competing houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your urgency and the specific situation of a Real Estate Owned property, in addition to the unique information you'll need -- competing listings, market trends, and the like. You can count on All State Appraisal Partners, Inc. to take on the task of your REO with expertise and professionalism. Contact us today. |
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