![]() Barnstable/Plymouth Appraisal Services is a company you can trust when you need appraisals for bank owned properties inHomes in foreclosure and houses that have reverted to the bank's holding bring forth specific appraisal problems. When there is a house in foreclosure, it's important to know the difference between fair market price and "quick disposition" worth to evaluate your potential charge-off liability. The professionals at Barnstable/Plymouth Appraisal Services 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 line. You need a company who has the qualifications to deal with the special dynamics of a foreclosure appraisal. Contact Barnstable/Plymouth Appraisal Services for a company you can trust. Particular challenges may be present when working with owners of properties in foreclosure. They might be unwilling to allow an inspection of the property. Sometimes the homes have been vandalized, often by the residents. Or, it's common to find the previous owners have moved out or the home languishing in disrepair for long of time. You'll be interested in a speedy disposition if the house has already returned to Real Estate Owned. So you might want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any repairs done to it, with the work required to make the home marketable at full market value comparable with competing properties in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your timeline and the specific situation of an REO property, in addition to the special information you will need -- competing listings, market trends, and so forth. You can rely on Barnstable/Plymouth Appraisal Services to handle the task of your REO professionally and efficiently. Contact us today. |