Foreclosure and Real Estate Owned Appraisal in Iredell CountyThere are specific appraisal difficulties for a house in foreclosure or one that has gone back to the lender's ownership. For a property in foreclosure, you might need to recognize the gap between the fair market price and "quick disposition" price to know your probable charge-off liability. All State Appraisal Partners, Inc. has the experience in both supplying snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into consideration your timeline. We have the qualifications to work with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact All State Appraisal Partners, Inc.. Unique challenges can be present when dealing with owners of homes in foreclosure. They could be disinclined to allow an inspection of the house. If they left the house already, they may have neglected care of the house for a long time - or even worse, ransacked the house. You'll be interested in an expeditious disposition if the home has changed to Real Estate Owned. So you may want to know about and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any work done to it, with the work necessary to make the property marketable at full market value consistent with the other real estate in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your timeline and the specific circumstances of a bank owned house, in addition to the unique data you'll need -- competing listings, neighborhood trends, and the like. You can count on All State Appraisal Partners, Inc. to take on the task of your REO professionally and efficiently. Contact us today. |
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