Accurate Appraisals of North Carolina is experienced when it comes to bank owned properties in PenderThere are particular appraisal challenges when we're talking about a property in foreclosure or one that has returned to the financial institution's control. For a property in foreclosure, you may need to understand the gap between the fair market value and "quick disposition" worth to know your possible charge-off liability. Accurate Appraisals of North Carolina has the background in both providing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your urgency. You need a company with the training to handle the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Accurate Appraisals of North Carolina. Owners of houses in foreclosure, of course, can present unique challenges. They could be uncooperative to allowing an inspection of the house. They might have moved out of the property already and/or neglected care of the property for a long time - or in some cases intentionally harmed the home. You will be interested in an expeditious disposition if the property has already returned to REO. So you need to understand and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any repairs done to it, with the repairs needed to make the property marketable at full market value corresponding with competing homes in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your timeline and the special situation of an REO house, in addition to the specific data you will need -- competing listings, market trends, and the like. You can count on Accurate Appraisals of North Carolina to take on the task of your REO professionally and efficiently. Contact us today. |