Barnstable/Plymouth Appraisal Services is a company you can trust when it comes to bank owned properties in Buzzards Bay
Properties in foreclosure and homes that have gone back to the bank's holding bring forth particular appraisal problems.
When dealing with a home in foreclosure, you need to understand the difference between fair market price and "quick disposition" value to know your likely charge-off liability. At Barnstable/Plymouth Appraisal Services, we have the experience in both furnishing snapshots of fair market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your urgency.
Barnstable/Plymouth Appraisal Services has the expertise to work with the unique dynamics of a foreclosure appraisal. Contact Barnstable/Plymouth Appraisal Services for a company you can count on.
Owners of properties in foreclosure, of course, can present unique challenges. They may be unwilling to allow an inspection of the property. Sometimes the homes have been ransacked, unfortunately at the hands of the residents. Or, it's common to discover a house at least abandoned or the home neglected for extended periods of time.
If your house has changed to REO, you will interested in an expedited disposition. But you may want to know and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any work performed, with the work needed to make the property marketable at full market value appropriate with competing properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your urgency and the unique situation of a Real Estate Owned property, in addition to the unique data you will need -- competing listings, neighborhood trends, and the like. You can rely on Barnstable/Plymouth Appraisal Services to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.