Foreclosure Appraisals in Iredell CountyHouses 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.
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: |