South Shore Realty Advisors, Inc is a company you can trust when you need appraisals for bank owned properties in Plymouth
Properties that have returned to the financial institution's ownership and houses in foreclosure bring forth unique appraisal challenges.
You should differentiate the difference between fair market worth and "quick disposition" worth to analyze what losses you might sustain when dealing with a property in foreclosure. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into account your timeline.
South Shore Realty Advisors, Inc has the experience to deal with the particular dynamics of a foreclosure appraisal. For a company you can trust, contact South Shore Realty Advisors, Inc.
Specific challenges can be present when dealing with owners of property in foreclosure. They might be opposed to allowing an inspection of the property. They could have deserted the house already and/or neglected care of the house for some time - or gone as far as intentionally harmed the house.
For real estate that has returned to REO, you probably will be going for an expeditious resolution . However, you may want to know about and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any repairs performed, with the repairs required to make the property marketable at full market value appropriate with similar houses in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your time line and the special circumstances of a Real Estate Owned home, in addition to the unique information you will need -- competing listings, market trends, and the like. You can bank on South Shore Realty Advisors, Inc to take on the appraisal of your bank owned property with expertise and professionalism. Contact us today.