Call Palmetto Appraisals of the Low Country to order appraisals regarding Beaufort foreclosures

Real Estate Owned Appraisal in Beaufort County

Real Estate in foreclosure and houses that have reverted to the lender's holding present specific appraisal problems.

You should differentiate the meanings of "market value" and a "quick disposition" value to know what losses you might realize when dealing with a property in foreclosure. Palmetto Appraisals of the Low Country has the knowledge in both producing snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that take into consideration your time line.

You need a company with the experience to handle the unique dynamics of a foreclosure appraisal. Contact Palmetto Appraisals of the Low Country for a company you can .

Specific challenges might be present when working with owners of properties in foreclosure. They may be disinclined to allow an inspection of the property. If they have abandoned the house already, they could have not taken care of the house for quite awhile - or unfortunately, caused damage to the home.

For a property that has already returned to Real Estate Owned, you most likely will be seeking an expeditious resolution. But you might want to know about and compare the concepts of "as-is", "as repaired", and "quick sale" values. These represent:

  • The value of the house without any work done to it
  • Value with the work needed to make the house marketable at full market value - in accordance with other houses in the neighborhood
  • Somewhere in between, with minor investment in repairs - to offload the home quickly, probably as a "fixer-upper"
Again, we understand your timeline and the specific circumstances of a Real Estate Owned property, as well as the specific data you'll need - competing listings, market trends, and so forth. You can count on Palmetto Appraisals of the Low Country to handle the task of your bank owned property professionally and efficiently. Contact us today.