Call Appraisal Associates of CT when you need valuations regarding New Haven foreclosures

Appraisal Associates of CT is experienced when you need appraisals for foreclosures in North Haven

Real Estate in foreclosure and houses that have returned to the bank's holding present special appraisal difficulties.

When there is a home in foreclosure, it's important to ascertain the difference between fair market worth and "quick disposition" value to evaluate your possible charge-off liability. Appraisal Associates of CT has the background in both providing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time constraints.

The professionals at Appraisal Associates of CT have the expertise to work with the specific dynamics of a foreclosure appraisal. Contact Appraisal Associates of CT for a company you can count on.

Owners of houses in foreclosure, of course, can present particular challenges. They might be unwilling to allow an inspection of the property. Sometimes the homes have been ransacked, often by the former residents themselves. Or, it's common to discover nobody has occupied the house for months or the home languishing in disrepair for long of time.

If your property has already reverted to bank owned, you will interested in a fast disposition. But you may want to know about and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any repairs performed, with the work necessary to make the house marketable at full market value comparable with similar houses in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely to someone who'd rather finish the job themselves. Again, we understand your timeline and the unique circumstances of a bank owned home, in addition to the special data you'll need -- competing listings, market trends, and the like. You can count on Appraisal Associates of CT to handle the appraisal of your REO professionally and efficiently. Contact us today.