North Metro Appraisal Service, Inc. is experienced when you need appraisals for foreclosures in Anoka County

When there is a home in foreclosure, it's important to ascertain market value versus a "quick disposition" assessment to evaluate your potential charge-off liability. We can provide both snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time line.

	You need a company with the expertise to handle the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact North Metro Appraisal Service, Inc..

Particular challenges can be present when working with owners of houses in foreclosure. They could be disinclined to allow an inspection of the home. Sometimes the subjects show signs of vandalism, unfortunately at the hands of the former residents themselves. Or, it's common to find nobody has occupied the house for months or the home languishing in disrepair for extended periods of time.

You'll be interested in a quick disposition if the property has already reverted to Real Estate Owned. So you need to know about and examine three values: "as-is", "as repaired", and "quick sale". These symbolize:

• The value of the house without any work performed
• Value with the repairs called for to make the house marketable at full market value - consistent with similar houses in the neighborhood
• Somewhere in between, with minimal investment in repairs - to offload the property quickly, seemingly as a "fixer-upper"