Foreclosure and Real Estate Owned Appraisals in Grafton County
Real Estate in foreclosure and properties that have gone back to the lender's holding bring forth particular appraisal challenges.
When dealing with a property in foreclosure, you should understand the difference between fair market worth and "quick disposition" value to evaluate your possible charge-off liability. Darrow Appraisal Services has the training in both producing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time line.
You need a company who has the experience to deal with the unique dynamics of a foreclosure appraisal. Contact Darrow Appraisal Services for a company you can trust.
Occupants of in foreclosure might be uncooperative to allowing an inspection of the house, thus presenting specific challenges. If they left the property already, they may have neglected care of the property for awhile - or unfortunately, ransacked the home.
If your home has already changed to Real Estate Owned, you will interested in a quick disposition. However, you may want to understand and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the property without any repairs done to it, with the work required to make the house marketable at full market value corresponding with similar houses in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the specific situation of a bank owned house, as well as the specific data you'll need -- competing listings, neighborhood trends, and the like. You can count on Darrow Appraisal Services to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.