All State Appraisal Partners, Inc. is a company you can trust when it comes to bank owned properties in IredellThere are various appraisal difficulties for a home in foreclosure or one that has reverted to the institution's possession. When there is a house in foreclosure, it's important to recognize the difference between fair market worth and "quick disposition" worth to know your probable charge-off liability. At All State Appraisal Partners, Inc., we have the experience in both presenting snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time line. The professionals at All State Appraisal Partners, Inc. have the training to work with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact All State Appraisal Partners, Inc.. Owners of houses in foreclosure, of course, can present specific challenges. They may be disinclined to allow an inspection of the home. They might have abandoned the house already and/or ignored the care of the property for quite awhile - or gone as far as intentionally harmed the property. For real estate that has already changed to REO, you probably will be seeking a quick disposition . But you may want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any work performed, with the repairs needed to make the home marketable at full market value comparable with similar real estate in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the unique situation of a Real Estate Owned property, in addition to the special information you will need -- competing listings, market trends, and the like. You can count 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.