Barnstable/Plymouth Appraisal Services is a company you can trust when you need appraisals for foreclosures in Buzzards Bay
Real Estate in foreclosure and houses that have gone back to the bank's possession bring forth various appraisal problems.
For a home in foreclosure, you might need to know the gap between the fair market value and "quick disposition" worth to know your likely charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your timeline.
You need a company who has the experience to work with the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Barnstable/Plymouth Appraisal Services.
Owners of in foreclosure may be opposed to allowing an inspection of the property, thus presenting special challenges. Sometimes the properties show signs of vandalism, often by the former residents themselves. Or, it's common to find nobody has lived in house for months or the home neglected for extended periods of time.
For real estate that has reverted to Real Estate Owned, you most likely will be interested in a speedy disposition . But you might want to know about and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any repairs done to it, with the work due to make the property marketable at full market value comparable with the other homes in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely to someone inclined to finish the job themselves. Again, we understand your time line and the specific circumstances of a bank owned property, as well as the unique information you'll need -- competing listings, neighborhood trends, and the like. You can count on Barnstable/Plymouth Appraisal Services to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.