Call Race Appraisal Services, LLC to order appraisals pertaining to Hampden foreclosures

Race Appraisal Services, LLC is a company you can trust when you need appraisals for bank owned properties in East Longmeadow

There are special appraisal problems for a home in foreclosure or one that has gone back to the bank's ownership.

It's important to know the difference between fair market price and "quick disposition" value to analyze what losses you could realize when dealing with a property in foreclosure. The professionals at Race Appraisal Services, LLC can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your timeline.

You need a company who has the qualifications to work with the unique dynamics of a foreclosure appraisal. Contact Race Appraisal Services, LLC for a company you can trust.

Owners of homes in foreclosure, of course, can present particular challenges. They could be uncooperative to allowing an inspection of the house. Often the properties have been vandalized, unfortunately by the residents. Or, it's common to find the residents have moved out or the home languishing in disrepair for extended periods of time.

If your home has changed to Real Estate Owned, you will interested in an expeditious disposition. However, you may want to understand and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any work performed, with the repairs needed to make the house marketable at full market value consistent with competing properties in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your urgency and the special circumstances of an REO home, in addition to the unique data you'll need -- competing listings, market trends, and the like. You can bank on Race Appraisal Services, LLC to handle the appraisal of your REO with expertise and professionalism. Contact us today.