Foreclosure Appraisals in Moore County

For a property in foreclosure, you would be wise to know the difference between market value and a "quick disposition" value to know your likely charge-off liability. We can provide both snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that take into account your urgency.

	You need a company with the training to handle the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Mathews Appraisal, Inc.

Owners of houses in foreclosure can present particular challenges: They might be uncooperative when it comes to allowing the appraiser access to the property. Often the homes have been vandalized, unfortunately at the hands of the former residents themselves. Or, it's likely you'll find nobody has occupied the house for months or the home neglected for long periods of time.

For real estate that has changed to bank owned, you most likely will be going for an expeditious disposition. Regardless, you'll still want to consider three ways of figuring the value of the subject property:

• As Repaired. Possible market value with the repairs due to make the property marketable at full market value - commensurate with similar real estate in the area
• As-is. The value of the home without any work done to it
• Quick sale. Somewhere in the middle, with minimal investment in repairs - to offload the home quickly, seemingly to someone who'd rather finish the job themselves