Real Estate Owned Appraisals in Suffolk CountyThere are various appraisal problems involved in a home in foreclosure or one that has returned to the institution's ownership. You should recognize the difference between fair market price and "quick disposition" worth to evaluate your likely write-down liability when dealing with a house in foreclosure. Premier Appraisals, Inc. has the background in both furnishing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that respect your time constraints. The professionals at Premier Appraisals, Inc. have the expertise to handle the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Premier Appraisals, Inc.. Owners of properties in foreclosure, of course, can present unique challenges. They may be unwilling to allow an inspection of the property. They may have abandoned the property already and/or overlooked the care of the property for a long time - or gone as far as damaged the home. You will be interested in a speedy disposition if the property has already returned to REO. So you may want to know about and compare three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any work performed, with the repairs due to make the home marketable at full market value consistent with competing properties in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your timeline and the special circumstances of a Real Estate Owned property, as well as the specific information you'll need -- competing listings, neighborhood trends, and the like. You can bank on Premier Appraisals, Inc. to take on the appraisal of your REO with expertise and professionalism. Contact us today. |