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Call Haslett Appraisal to order appraisals pertaining to Iredell foreclosures

Foreclosure Appraisals in Iredell County

Houses in foreclosure and properties that have reverted to the lender's possession bring forth various appraisal challenges.

It's vital to differentiate the meanings of "market value" and a "quick disposition" value to analyze what losses you might have to endure when dealing with a property in foreclosure. At Haslett Appraisal, we have the training in both producing snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your timeline.

You need a company with the qualifications to deal with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Haslett Appraisal.

Owners of homes in foreclosureunfortunately can present unique challenges: They might be unwilling to allow us access to the property. If they abandoned the property already, they could have not taken care of the property for some time - or even worse, damaged the property.

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

  • The value of the property without any work performed
  • Possible value with the work required to make the property marketable at full market value - commensurate with other properties in the area
  • Somewhere in the middle, with minimal investment in repairs - to get rid of the home quickly, possibly to someone who'd rather finish the job themselves
Again, we understand your time line and the specific circumstances of a bank owned house, as well as the unique information you will need - competing listings, neighborhood trends, and the like. You can count on Haslett Appraisal to take on the appraisal of your REO professionally and efficiently. Contact us today.