Real Estate Owned Appraisals in Wake CountyThere are unique appraisal difficulties when it comes to a house in foreclosure or one that has gone back to the lender's ownership. It's important to ascertain the difference between fair market value and "quick disposition" value to analyze what losses you stand to have to endure when dealing with a house in foreclosure. At Watson Appraisal Services, Inc, we have the knowledge in both supplying snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your urgency. Watson Appraisal Services, Inc has the expertise to handle the specific dynamics of a foreclosure appraisal. Contact Watson Appraisal Services, Inc for a company you can trust. Special challenges can be present when dealing with owners of property in foreclosure. They could be opposed to allowing an inspection of the house. They may have deserted the home already and/or overlooked the care of the property for awhile - or worse, damaged the house. If your home has already gone back to Real Estate Owned, you will interested in an expeditious disposition. But you might want to understand and examine three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any repairs performed, with the repairs necessary to make the house marketable at full market value corresponding with the other real estate in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the specific situation of a bank owned property, as well as the special data you will need -- competing listings, market trends, and the like. You can rely on Watson Appraisal Services, Inc to handle the appraisal of your REO professionally and efficiently. Contact us today. |