Real Estate Owned and Foreclosure Appraisal in Barnstable County
Homes in foreclosure and properties that have reverted to the financial institution's control create unique appraisal difficulties.
When dealing with a property in foreclosure, it's important to recognize the difference between fair market worth and "quick disposition" value to know your probable charge-off liability. At Barnstable/Plymouth Appraisal Services, we have the background in both supplying snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your timeline.
We have the qualifications to deal with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Barnstable/Plymouth Appraisal Services.
Owners of homes in foreclosure, of course, can present special challenges. They might be opposed to allowing an inspection of the house. They could have left the home already and/or neglected care of the home for awhile - or worse, damaged the home.
You'll be interested in a fast disposition if the house has changed to bank owned. So you might want to know about and compare 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 due to make the home marketable at full market value appropriate with similar properties in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your urgency and the unique circumstances of a bank owned home, in addition to the unique information you will need -- competing listings, market trends, and so forth. You can bank on Barnstable/Plymouth Appraisal Services to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.