Foreclosure Appraisals in Hampden CountyHouses that have reverted to the institution's holding and properties in foreclosure create specific appraisal problems. For a home in foreclosure, you may need to recognize the gap between fair market price and "quick disposition" value to know your potential charge-off liability. At Race Appraisal Services, LLC, we have the experience in both furnishing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your urgency. Race Appraisal Services, LLC has the experience to work with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Race Appraisal Services, LLC. Unique challenges may be present when dealing with owners of houses in foreclosure. They may be uncooperative to allowing an inspection of the home. They might have moved out of the property already and/or ignored the care of the property for a long time - or in some cases caused damage to the home. If your property has already reverted to Real Estate Owned, you will interested in a speedy disposition. However, you might want to know about and review three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any repairs performed, with the work required to make the property marketable at full market value appropriate with the other real estate in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your urgency and the specific circumstances of an REO 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 professionally and efficiently. Contact us today. |