Call Belmont Metro Appraisals, LLC when you need valuations regarding Mecklenburg foreclosures

Foreclosure and REO Appraisal in Mecklenburg County

Properties that have reverted to the bank's holding and houses in foreclosure bring forth particular appraisal problems.

When dealing with a home in foreclosure, you should ascertain market value versus a "quick disposition" assessment to analyze your potential charge-off liability. At Belmont Metro Appraisals, LLC, we have the experience in both supplying snapshots of market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your time line.

You need a company who has the experience to handle the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Belmont Metro Appraisals, LLC.

Owners of houses in foreclosure may be disinclined to allow an inspection of the house, thus presenting specific challenges. If they deserted the home already, they could have not taken care of the property for a long time - or unfortunately, ransacked the property.

For a home that has reverted to bank owned, you most likely will want it off your hands as quickly as possible. However, you may want to know and examine three values - "as-is", "as repaired", and "quick sale". These represent:

  • The value of the property without any work performed
  • Value with the repairs required to make the house marketable at full market value - commensurate with competing properties in the neighborhood
  • Somewhere in between, with minor investment in repairs - to sell the home quickly, most likely as a "fixer-upper"
Again, we understand your timeline and the special circumstances of a bank owned property, as well as the unique information you will need - competing listings, market trends, and the like. You can count on Belmont Metro Appraisals, LLC to handle the task of your bank owned property professionally and efficiently. Contact us today.