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Call Christy Walker Appraisal Service to discuss appraisals regarding Yadkin foreclosures

Christy Walker Appraisal Service is experienced when it comes to bank owned properties in Yadkinville, North Carolina

Properties that have returned to the financial institution's possession and houses in foreclosure create unique appraisal challenges.

It's vital to recognize the meanings of "market value" and a "quick disposition" value to know your likely write-down liability when dealing with a home in foreclosure. Christy Walker Appraisal Service has the background in both presenting snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that take into account your time constraints.

Christy Walker Appraisal Service has the qualifications to handle the particular dynamics of a foreclosure appraisal. Contact Christy Walker Appraisal Service for a company you can trust.

Occupants of dwellings in foreclosure could be disinclined to allow an inspection of the property, thus presenting specific challenges. Often the homes have been intentionally damaged, unfortunately at the hands of the residents themselves. Or, it's common to discover a house at least abandoned or the home neglected for extended periods of time.

If you're dealing with property that has gone back to Real Estate Owned, you will interested in an expeditious disposition. But you may want to know about and review three values: as-is, as repaired, and "quick sale". These represent:

  • The value of the home without any work performed
  • Possible value with the repairs needed to make the house marketable at full market value - commensurate with similar real estate in the neighborhood
  • With minor investment in repairs - to get rid of the property quickly, possibly to someone who'd prefer to finish the job themselves
Again, we understand your timeline and the special situation of a bank owned home, as well as the special data you'll need - competing listings, market trends, and so forth. You can count on Christy Walker Appraisal Service to handle the task of your REO with expertise and professionalism. Contact us today.