Call People's Choice Appraisals to discuss valuations for Onslow foreclosures

REO Appraisals in Onslow County

There are particular appraisal difficulties when it comes to a home in foreclosure or one that has gone back to the financial institution's holding.

When dealing with a home in foreclosure, you should understand the difference between fair market price and "quick disposition" price to know your probable charge-off liability. At People's Choice Appraisals, we have the background in both furnishing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your urgency.

You need a company who has the expertise to deal with the unique dynamics of a foreclosure appraisal. Contact People's Choice Appraisals for a company you can trust.

Special challenges may be present when working with owners of homes in foreclosure. They could be opposed to allowing an inspection of the property. If they have abandoned the house already, they might have not taken care of the house for quite some time - or even worse, ransacked the house.

For a property that has changed to REO, you likewise will be going for an expeditious disposition . However, you might want to know about 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 work necessary to make the property marketable at full market value consistent with competing homes in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your urgency and the special circumstances of a bank owned home, as well as the unique data you'll need -- competing listings, neighborhood trends, and the like. You can rely on People's Choice Appraisals to handle the task of your bank owned property with expertise and professionalism. Contact us today.