Barnstable/Plymouth Appraisal Services is a company you can trust when you need appraisals for foreclosures in
Houses in foreclosure and properties that have reverted to the bank's ownership create specific appraisal difficulties.
For a house in foreclosure, you might need to understand the gap between fair market worth and "quick disposition" value to know your likely charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that take into consideration your time constraints.
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 trust.
Unique challenges might be present when dealing with owners of property in foreclosure. They might be uncooperative to allowing an inspection of the house. If they deserted the house already, they could have not taken care of the house for some time - or worse, caused damage to the house.
If your property has already changed to Real Estate Owned, you will interested in an expeditious disposition. However, you might want to understand and review three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any work performed, with the work called for to make the house marketable at full market value corresponding with competing properties in the neighborhood, and, somewhere in the middle, 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 specific situation of an REO house, in addition to the unique data you'll need -- competing listings, neighborhood trends, and the like. You can rely on Barnstable/Plymouth Appraisal Services to handle the task of your bank owned property professionally and efficiently. Contact us today.