Baldwin Appraisals is the company you should trust when you need appraisals for foreclosures in Cary, North CarolinaThere 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.
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): |