Foreclosure Appraisal in Moore County

For a property in foreclosure, you would be wise to recognize the gap between market price and a "quick disposition" to know your potential charge-off liability. We can provide both snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your urgency.

	You need a company who has the expertise to work with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Tony Myers Appraisals.

Owners of property in foreclosure, naturally, can present specific challenges: For example, they may be unwilling to allow an inspection of the property. If they moved out of the house already, they might have neglected care of the house for some time - or unfortunately, ransacked the property.

For real estate that has changed to REO, you most likely will be going for a speedy disposition. However, you may want to know and compare the meanings of "as-is", "as repaired", and "quick sale" values. These symbolize:

• The value of the home without any work performed
• Possible value with the work required to make the house marketable at full market value - consistent with similar properties in the neighborhood
• Somewhere in between, with minimal investment in repairs - to offload the property quickly, possibly to someone who'd rather finish the job themselves