Real Estate Owned Appraisal in Hampden CountyHomes that have reverted to the bank's control and properties in foreclosure present various appraisal difficulties. You should understand the difference between fair market worth and "quick disposition" worth to evaluate your potential write-down liability when dealing with a home in foreclosure. At Race Appraisal Services, LLC, we have the background in both producing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your urgency. The professionals at Race Appraisal Services, LLC have the training to handle the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Race Appraisal Services, LLC. Owners of properties in foreclosure, of course, can present unique challenges. They might be uncooperative to allowing an inspection of the property. If they moved out of the property already, they might have neglected care of the house for awhile - or unfortunately, caused damage to the house. If your property has already changed to Real Estate Owned, you will interested in a fast disposition. But 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 work performed, with the repairs needed to make the house marketable at full market value consistent with the other properties in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the unique circumstances of an REO home, as well as the special data you will need -- competing listings, neighborhood trends, and the like. You can rely on Race Appraisal Services, LLC to take on the appraisal of your bank owned property professionally and efficiently. Contact us today. |