Foreclosure and REO Appraisals in Androscoggin County

You should understand the meanings of "market value" and a "quick disposition" price to evaluate what losses you stand to sustain when dealing with a house in foreclosure. At Savard Appraisal Services, Inc., we have the knowledge in both presenting snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your timeline.

	You need a company with the training to deal with the special dynamics of a foreclosure appraisal. For a company you can rely on, contact Savard Appraisal Services, Inc..

Owners of homes in foreclosure, naturally, can present unique challenges: For example, they might be disinclined to allow an inspection of the house. If they moved out of the house already, they may have not taken care of the house for some time - or unfortunately, ransacked the home.

For a home that has already returned to bank owned, you likewise will be interested in an expedited disposition. In any case, you'll still want to consider three angles for determining the value of the real estate at hand:

• As Repaired. Value with the work due to make the property marketable at full market value - comparable with other real estate in the neighborhood
• As-is. The market value of the house without any repairs performed
• Quick sale. Somewhere in the middle, with minor investment in repairs - to get rid of the property quickly, possibly to someone who'd rather finish the job themselves