Call Cayenne Appraisal Group, LLC to discuss valuations regarding Mecklenburg foreclosures

Foreclosure and Real Estate Owned Appraisals in Mecklenburg County

There are various appraisal difficulties when it comes to a home in foreclosure or one that has reverted to the lender's control.

For a house in foreclosure, you should know the difference between the market price and a "quick disposition" to know your likely charge-off liability. Cayenne Appraisal Group, LLC has the background in both supplying snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time line.

You need a company with the expertise to work with the special dynamics of a foreclosure appraisal. For a company you can count on, contact Cayenne Appraisal Group, LLC.

Specific challenges may be present when dealing with owners of homes in foreclosure. They could be disinclined to allow an inspection of the property. If they deserted the property already, they might have overlooked the care of the home for quite some time - or worse, ransacked the home.

If you're dealing with property that has already reverted to bank owned, you will interested in an expedited disposition. But you might want to know and analyze three values: as-is, as repaired, and "quick sale". These symbolize:

  • The value of the property without any work done to it
  • Possible value with the repairs necessary to make the house marketable at full market value - comparable with other houses in the neighborhood
  • Somewhere in between, with minor investment in repairs - to get rid of the property quickly, most likely to someone inclined to finish the job themselves
Again, we understand your timeline and the special situation of an REO home, as well as the unique data you'll need - competing listings, market trends, and so forth. You can bank on Cayenne Appraisal Group, LLC to take on the task of your REO professionally and efficiently. Contact us today.