Call Race Appraisal Services, LLC when you need valuations of Hampden foreclosures

Foreclosure Appraisal in Hampden County

Homes that have reverted to the institution's control and homes in foreclosure create unique appraisal challenges.

It's key to understand the difference between fair market price and "quick disposition" worth to evaluate what losses you could realize when dealing with a house in foreclosure. At Race Appraisal Services, LLC, we have the background in both furnishing snapshots of fair market value for our mortgage clients, as well as "quick sale" forecasts that understand your time line.

We have the expertise to deal with the specific dynamics of a foreclosure appraisal. Contact Race Appraisal Services, LLC for a company you can trust.

Owners of properties in foreclosure, of course, can present special challenges. They may be unwilling to allow an inspection of the home. If they left the house already, they might have ignored the care of the home for quite awhile - or even worse, damaged the house.

If your house has already returned to REO, you will interested in an expedited disposition. However, you may want to know and analyze three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any work done to it, with the repairs needed to make the property marketable at full market value corresponding with similar properties in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your time line and the special circumstances of a Real Estate Owned property, as well as the special data you will need -- competing listings, market trends, and the like. You can count on Race Appraisal Services, LLC to handle the task of your bank owned property with expertise and professionalism. Contact us today.