Real Estate Owned Appraisals in New Hanover CountyThere are particular appraisal problems involved in a house in foreclosure or one that has gone back to the institution's possession. It's key to recognize the difference between fair market value and "quick disposition" value to evaluate your probable write-down liability when dealing with a home in foreclosure. Dan Dillon has the knowledge in both supplying snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your time constraints. The professionals at Dan Dillon have the qualifications to deal with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Dan Dillon. Unique challenges may be present when working with owners of properties in foreclosure. They might be uncooperative to allowing an inspection of the property. Often the houses show signs of vandalism, unfortunately at the hands of the former residents. Or, it's likely you'll find a house at least abandoned or the home languishing in disrepair for long of time. For real estate that has already reverted to bank owned, you likewise will be seeking an expeditious disposition . But you might want to know and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any repairs performed, with the repairs due to make the house marketable at full market value comparable with the other real estate in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the specific circumstances of a Real Estate Owned home, in addition to the specific information you'll need -- competing listings, neighborhood trends, and so forth. You can bank on Dan Dillon to take on the appraisal of your REO with expertise and professionalism. Contact us today. |