Call All State Appraisal Partners, Inc. to order appraisals regarding Iredell foreclosures

All State Appraisal Partners, Inc. is experienced when you need appraisals for bank owned properties in Mooresville, North Carolina

There are specific appraisal problems when we're talking about a home in foreclosure or one that has returned to the financial institution's ownership.

For a house in foreclosure, you would be wise to understand the gap between market and a "quick disposition" assessment to know your probable charge-off liability. At All State Appraisal Partners, Inc., we have the training in both presenting snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that factor in your urgency.

You need a company with the training to work with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact All State Appraisal Partners, Inc..

Special challenges may be present when dealing with owners of property in foreclosure. They may be disinclined to allow an inspection of the house. If they have abandoned the house already, they may have neglected care of the property for quite awhile - or unfortunately, caused damage to the house.

For a property that has already returned to bank owned, you typically will want to get rid of it quickly. In any case, you'll still want to consider three angles for figuring the value of the subject property:

  • As Repaired. Possible market value with the repairs due to make the property marketable at full market value - appropriate with other properties in the neighborhood
  • As-is. The market value of the house without any repairs performed
  • Quick sale. Somewhere in the middle, with minor investment in repairs - to offload the property quickly, likely to someone who'd rather finish the job themselves
Again, we understand your time line and the unique circumstances of a Real Estate Owned house, as well as the specific information you'll need - competing listings, market trends, and the like. You can count on All State Appraisal Partners, Inc. to take on the appraisal of your REO professionally and efficiently. Contact us today.

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