Appraisal Services for Lenders

Attention lenders: Besides the typical appraisal for a conventional loan, do you ever need an experienced appraiser for an Appraisal Review or REO Property?  Do you need to know if you received a quality appraisal?  Do you need an appraiser who is experienced and approved to complete an FHA 203(K) assignment or for a USDA loan?  Do you have an REO property or a property in "Pre-Foreclosure" status?  We have you covered.

Appraisal Reviews

Experienced appraisers who have the level of skill to perform desk reviews and field reviews in Wilmington, NC are hard to find.  Do you want a thorough review of the appraisal in question?  Then we are the choice for you.  Too many times have I seen appraisal reviews that are vague and inconclusive and don't help the client at all.  We have performed retrospective appraisals dating back to 2002.  We understand the importance of ethically evaluating the appraisal in question and communicating a result.  We follow all Uniform Standards of Professional Appraisal Practice (USPAP) guidelines and have completed continuing education classes on this practice.  In addition, we have completed education involving the indicators of mortgage fraud.  If you feel you may have received an appraisal of poor quality or just need a second opinion, give us a call.  We will be able to help you with your appraisal review assignment.

FHA and USDA Experience

We are experienced with appraisals completed for both FHA and USDA funding.  Craig Stewart is the owner of Southern Appraisal Associates, LLC and has been approved to complete FHA assignments since 2003.  Craig W. Stewart can be found on the FHA Roster of Approved Residential Appraisers.  Craig has experience with many types of FHA assignments including 203(K) financing and reverse mortgages.  If you need an appraiser experienced in FHA or USDA assignments and can handle the extra needs of a 203(k) assignment or a reverse mortgage assignment, give us a call today.

Foreclosure/REO and Pre-Foreclosure Assignments

Whether you have a REO property or a property in "Pre-Foreclosure" status, you may need to determine the property's market or liquidation value.  We have performed many appraisals on such properties and understand the intricacies of such an assignment.  We understand the assignment conditions may only allow for an exterior only inspection or you may need both the market and liquidation values of the property.  If you have the need for an REO or "Pre-Foreclosure" appraisal we can provide accurate results which will aid your in decision making. Order the appraisal online or call us and we will help you with you assignment.