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Call APPRAISAL ASSOCIATES,INC when you need appraisals regarding Wake foreclosures

APPRAISAL ASSOCIATES,INC is experienced when it comes to bank owned properties in Wake County

There are specific appraisal difficulties when we're talking about a house in foreclosure or one that has gone back to the financial institution's possession.

It's key to understand the meanings of "market value" and a "quick disposition" price to analyze what losses you might have to endure when dealing with a home in foreclosure. At APPRAISAL ASSOCIATES,INC, we have the knowledge in both supplying snapshots of market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that factor in your time constraints.

APPRAISAL ASSOCIATES,INC has the qualifications to handle the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact APPRAISAL ASSOCIATES,INC.

Owners of property in foreclosure, of course, can present particular challenges. They could be disinclined to allow an inspection of the property. They may have moved out of the property already and/or overlooked the care of the property for a long time - or worse, vandalized the property.

You'll be interested in an expeditious disposition if the home has already gone back to bank owned. So you may want to know and examine three values: "as-is", "as repaired", and "quick sale". These correspond to:

  • The value of the home without any work done to it
  • Value with the work needed to make the property marketable at full market value - in accordance with competing houses in the neighborhood
  • With minor investment in repairs - to offload the home quickly, likely to someone who'd rather finish the job themselves
Again, we understand your timeline and the unique situation of a bank owned home, as well as the special information you'll need - competing listings, neighborhood trends, and so forth. You can rely on APPRAISAL ASSOCIATES,INC to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.