REO Appraisals in Plymouth CountyHouses that have gone back to the institution's ownership and homes in foreclosure create special appraisal problems. For a home in foreclosure, you should know the difference between the fair market and "quick disposition" price to know your likely charge-off liability. South Shore Realty Advisors, Inc has the experience in both supplying snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time constraints. South Shore Realty Advisors, Inc has the experience to deal with the special dynamics of a foreclosure appraisal. Contact South Shore Realty Advisors, Inc for a company you can count on. Occupants of houses in foreclosure may be unwilling to allow an inspection of the home, thus presenting particular challenges. Sometimes the houses have been vandalized, unfortunately by the residents themselves. Or, it's likely you'll find a house at least abandoned or the home languishing in disrepair for long of time. You will be interested in an expedited disposition if the home has already reverted to REO. So you need to know about and examine three values: as-is, as repaired, and "quick sale." These represent the value of the house without any repairs done to it, with the repairs required to make the house marketable at full market value comparable with competing properties in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your time line and the specific circumstances of an REO house, as well as the special data you will need -- competing listings, market trends, and the like. You can bank on South Shore Realty Advisors, Inc to handle the task of your bank owned property with expertise and professionalism. Contact us today. |