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Call Baldwin Appraisals when you need valuations for Wake foreclosures

Baldwin Appraisals is the company you should trust when you need appraisals for foreclosures in Cary, North Carolina

There are unique appraisal difficulties regarding a house in foreclosure or one that has returned to the lender's holding.

You should recognize the meanings of "market value" and a "quick disposition" assessment to analyze your probable charge-off liability when dealing with a house in foreclosure. We can provide both snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time line.

Baldwin Appraisals has the qualifications to deal with the special dynamics of a foreclosure appraisal. For a company you can trust, contact Baldwin Appraisals.

Particular challenges can be present when dealing with owners of houses in foreclosure. They may be opposed to allowing an inspection of the home. If they left the property already, they may have overlooked the care of the property for some time - or worse, ransacked the property.

For real estate that has changed to REO, you most likely will be interested in an expedited resolution. Regardless, you'll still want to consider three ways of determining the value of the asset (or in some cases, liability):

  • As Repaired. Value with the repairs necessary to make the home marketable at full market value - comparable with other real estate in the neighborhood
  • As-is. The market value of the property without any work performed
  • Quick sale. With minimal investment in repairs - to offload the home quickly, probably to someone inclined to finish the job themselves
Again, we understand your timeline and the specific circumstances of an REO house, in addition to the unique data you'll need - competing listings, market trends, and so forth. You can count on Baldwin Appraisals to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.