Foreclosure and Real Estate Owned Appraisal in Onslow CountyProperties that have reverted to the institution's holding and properties in foreclosure create particular appraisal difficulties. For a home in foreclosure, you may need to know the difference between the fair market value and "quick disposition" value to know your likely charge-off liability. At Trident Appraisal Services, LLC, we have the knowledge in both providing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your timeline. We have the experience to handle the special dynamics of a foreclosure appraisal. Contact Trident Appraisal Services, LLC for a company you can count on. Owners of houses in foreclosure, of course, can present unique challenges. They may be opposed to allowing an inspection of the house. Often the properties show signs of vandalism, unfortunately at the hands of the residents. Or, it's common to discover the previous owners have moved out or the home neglected for long of time. You'll be interested in an expedited disposition if the home has returned to Real Estate Owned. So you may want to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs performed, with the work needed to make the house marketable at full market value appropriate with the other houses 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 situation of an REO property, as well as the special information you will need -- competing listings, market trends, and so forth. You can bank on Trident Appraisal Services, LLC to take on the task of your bank owned property with expertise and professionalism. Contact us today. |