Real Estate Owned and Foreclosure Appraisal in Beaufort County

For a house in foreclosure, you should recognize the gap between the market and a "quick disposition" price to know your likely charge-off liability. Coastal Property Appraisals has the training in both furnishing snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time line.

	You need a company who has the training to deal with the specific dynamics of a foreclosure appraisal. Contact Coastal Property Appraisals for a company you can count on.

Owners of property in foreclosureunfortunately can present special challenges: They could be unwilling to allow the appraiser access to the home. They might have deserted the home already and/or ignored the care of the property for quite some time - or even worse, damaged the home.

For real estate that has already returned to REO, you most likely will be seeking a quick resolution. In any case, you'll still want to consider three ways of determining the value of the asset:

• As Repaired. Possible market value with the repairs due to make the property marketable at full market value - consistent with competing houses in the neighborhood
• As-is. The value of the house without any work done to it
• Quick sale. With minor investment in repairs - to get rid of the home quickly, most likely as a "fixer-upper"