Northeast Valuation Group is a company you can trust when it comes to foreclosures in Fairfield and New Haven CountiesThere are special appraisal difficulties involved in a home in foreclosure or one that has reverted to the bank's possession. For a property in foreclosure, you might need to understand the gap between the fair market price and "quick disposition" to know your probable charge-off liability. At Northeast Valuation Group, we have the background in both providing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time line. You need a company with the expertise to handle the specific dynamics of a foreclosure appraisal. Contact Northeast Valuation Group for a company you can rely on. Particular challenges might be present when working with owners of homes in foreclosure. They might be unwilling to allow an inspection of the property. If they moved out of the home already, they may have overlooked the care of the home for quite awhile - or worse, caused damage to the house. If your home has reverted to Real Estate Owned, you will interested in a fast disposition. However, you may want to know and compare three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any work performed, with the work called for to make the home marketable at full market value comparable with similar real estate 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 specific circumstances of an REO home, in addition to the special data you will need -- competing listings, market trends, and the like. You can rely on Northeast Valuation Group to handle the appraisal of your REO professionally and efficiently. Contact us today. |