Race Appraisal Services, LLC is experienced when it comes to bank owned properties in HampdenHouses that have gone back to the financial institution's possession and homes in foreclosure bring forth special appraisal problems. For a house in foreclosure, you should know the gap between fair market price and "quick disposition" worth to know your probable charge-off liability. Race Appraisal Services, LLC has the experience in both presenting 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 experience to work with the unique dynamics of a foreclosure appraisal. Contact Race Appraisal Services, LLC for a company you can count on. Occupants of houses in foreclosure may be unwilling to allow an inspection of the house, thus presenting unique challenges. They may have abandoned the property already and/or overlooked the care of the home for a long time - or even worse, caused damage to the house. You'll be interested in an expeditious disposition if the house has changed to REO. So you might want to know and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any work done to it, with the repairs necessary to make the house marketable at full market value commensurate with competing properties in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the specific circumstances of a bank owned property, in addition to the specific data you'll need -- competing listings, neighborhood trends, and so forth. You can count on Race Appraisal Services, LLC to handle the appraisal of your REO with expertise and professionalism. Contact us today. |