Foreclosure and REO Appraisal in Spartanburg County

You need to know the meanings of "market value" and a "quick disposition" value to evaluate your potential charge-off liability when dealing with a house in foreclosure. We can provide both snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your urgency.

	You need a company who has the expertise to handle the unique dynamics of a foreclosure appraisal. Contact Paradigm Appraisal Service for a company you can trust.

Owners of property in foreclosure may be disinclined to allow an inspection of the house, thus presenting particular challenges. If they abandoned the home already, they may have overlooked the care of the home for a long time - or worse, ransacked the property.

For a house that has changed to bank owned, you most likely will be seeking a quick resolution. In any case, you'll still want to consider three ways of figuring the value of the asset:

• As Repaired. Value with the repairs necessary to make the property marketable at full market value - commensurate with similar real estate in the neighborhood
• As-is. The market value of the house without any work performed
• Quick sale. Somewhere in between, with minimal investment in repairs - to offload the property quickly, possibly to someone who'd rather finish the job themselves