Race Appraisal Services, LLC is a company you can trust when it comes to foreclosures in East Longmeadow
Houses in foreclosure and homes that have returned to the lender's holding create unique appraisal challenges.
It's vital to recognize the difference between fair market worth and "quick disposition" value to evaluate your probable write-down liability when dealing with a house in foreclosure. We can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time constraints.
We have the experience to work with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Race Appraisal Services, LLC.
Owners of properties in foreclosure, of course, can present specific challenges. They could be disinclined to allow an inspection of the home. They might have deserted the home already and/or overlooked the care of the property for quite some time - or worse, ransacked the house.
For a home that has gone back to bank owned, you most likely will want to get rid of it quickly . But you may want to know and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any repairs done to it, with the work necessary to make the property marketable at full market value corresponding with the other houses in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably to someone who'd rather finish the job themselves. Again, we understand your urgency and the unique circumstances of a Real Estate Owned home, as well as the special data you will need -- competing listings, neighborhood trends, and so forth. You can bank on Race Appraisal Services, LLC to take on the appraisal of your REO professionally and efficiently. Contact us today.