JWD Appraisal service LLC. is experienced when you need appraisals for foreclosures in FarmingdaleThere are special appraisal challenges for a property in foreclosure or one that has returned to the financial institution's holding. When dealing with a house in foreclosure, it's important to recognize the difference between fair market price and "quick disposition" price to evaluate your likely charge-off liability. JWD Appraisal service LLC. has the experience in both presenting snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your timeline. We have the qualifications to handle the particular dynamics of a foreclosure appraisal. Contact JWD Appraisal service LLC. for a company you can rely on. Owners of in foreclosure may be disinclined to allow an inspection of the property, thus presenting unique challenges. If they abandoned the house already, they may have ignored the care of the property for awhile - or unfortunately, caused damage to the property. For a property that has changed to Real Estate Owned, you typically will want to get rid of it quickly . But you might want to understand and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any work performed, with the work called for to make the property marketable at full market value comparable with competing houses in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your urgency and the special circumstances of a bank owned house, in addition to the unique data you'll need -- competing listings, neighborhood trends, and so forth. You can rely on JWD Appraisal service LLC. to take on the task of your bank owned property professionally and efficiently. Contact us today. |