Real Estate Owned Appraisal in Hampden CountyHouses in foreclosure and houses that have reverted to the financial institution's possession bring forth special appraisal problems. For a house in foreclosure, you need to know the gap between the fair market price and "quick disposition" to know your potential charge-off liability. Race Appraisal Services, LLC has the background in both providing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that respect your urgency. The professionals at Race Appraisal Services, LLC have the training to work with the particular dynamics of a foreclosure appraisal. For a company you can trust, contact Race Appraisal Services, LLC. Special challenges might be present when working with owners of homes in foreclosure. They could be disinclined to allow an inspection of the house. Often the properties have been vandalized, unfortunately by the residents themselves. Or, it's common to discover a house at a minimum abandoned or the home neglected for long of time. If your property has already gone back to REO, you will interested in a quick disposition. But you may want to know about and review three values: as-is, as repaired, and "quick sale." These represent the worth of the house without any repairs performed, with the work necessary to make the home marketable at full market value appropriate with similar real estate in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your urgency and the special circumstances of a bank owned property, in addition to the special information you will need -- competing listings, neighborhood 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. |