Barnstable/Plymouth Appraisal Services is experienced when you need appraisals for foreclosures in
There are particular appraisal challenges when we're talking about a property in foreclosure or one that has gone back to the lender's ownership.
When there is a property in foreclosure, it's important to recognize the difference between fair market worth and "quick disposition" price to evaluate your potential charge-off liability. We can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your time constraints.
The professionals at Barnstable/Plymouth Appraisal Services have the training to work with the special dynamics of a foreclosure appraisal. For a company you can rely on, contact Barnstable/Plymouth Appraisal Services.
Owners of property in foreclosure may be opposed to allowing an inspection of the property, thus presenting special challenges. They may have moved out of the home already and/or overlooked the care of the property for a long time - or gone as far as vandalized the home.
You'll be interested in a fast disposition if the house has returned to Real Estate Owned. So you may want to know about and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work done to it, with the work due to make the property marketable at full market value appropriate with similar properties in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your time line and the specific situation of a Real Estate Owned property, in addition to the special data you will need -- competing listings, neighborhood trends, and so forth. You can rely on Barnstable/Plymouth Appraisal Services to take on the appraisal of your REO professionally and efficiently. Contact us today.