Christy Walker Appraisal Service is experienced when it comes to bank owned properties in Yadkinville, North CarolinaProperties 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.
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: |