Foreclosure and REO Appraisal in Plymouth CountyThere are special appraisal problems regarding a house in foreclosure or one that has reverted to the lender's possession. For a house in foreclosure, you need to know the gap between the fair market price and "quick disposition" price to know your potential charge-off liability. The professionals at John Donahue & Associates can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time constraints. The professionals at John Donahue & Associates have the qualifications to handle the specific dynamics of a foreclosure appraisal. For a company you can trust, contact John Donahue & Associates. Owners of property in foreclosure, of course, can present particular challenges. They might be unwilling to allow an inspection of the home. They could have abandoned the property already and/or overlooked the care of the house for a long time - or unfortunately, damaged the home. If your home has returned to Real Estate Owned, you will interested in a quick disposition. But you may want to know and analyze three values: as-is, as repaired, and "quick sale." These represent the value of the property without any work performed, with the repairs due to make the property marketable at full market value corresponding with the other houses in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly to someone who'd rather finish the job themselves. Again, we understand your timeline and the special circumstances of an REO property, as well as the specific information you'll need -- competing listings, neighborhood trends, and the like. You can rely on John Donahue & Associates to handle the task of your REO professionally and efficiently. Contact us today. |