Barnstable/Plymouth Appraisal Services is experienced when you need appraisals for foreclosures in Barnstable
There are unique appraisal challenges when we're talking about a house in foreclosure or one that has returned to the lender's control.
It's important to know the difference between fair market price and "quick disposition" worth to know your possible write-down liability when dealing with a house in foreclosure. 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 account your time constraints.
You need a company with the training to handle the specific dynamics of a foreclosure appraisal. Contact Barnstable/Plymouth Appraisal Services for a company you can trust.
Owners of properties in foreclosure, of course, can present particular challenges. They could be disinclined to allow an inspection of the property. Often the homes have been ransacked, often by the residents themselves. Or, it's common to find a house at least abandoned or the home languishing in disrepair for long of time.
If your property has already changed to Real Estate Owned, you will interested in a speedy disposition. However, you might want to understand and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the property without any work done to it, with the repairs required to make the house marketable at full market value appropriate with similar properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your timeline and the special circumstances of a bank owned property, as well as the unique information you will need -- competing listings, market trends, and so forth. You can rely on Barnstable/Plymouth Appraisal Services to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.