AC Appraisal International, Ltd. is the company you should trust when it comes to foreclosures in Suffolk CountyProperties in foreclosure and houses that have gone back to the bank's ownership bring forth particular appraisal problems.For a house in foreclosure, you definitely need to know the difference between market value and a "quick disposition" price to know your possible charge-off liability. The professionals at AC Appraisal International, Ltd. can provide both snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your urgency.
Owners of property in foreclosure, naturally, can present special challenges: They may be unwilling to allow us access to the home. If they abandoned the house already, they could have neglected care of the home for quite awhile - or worse, ransacked the home.
For a property that has already reverted to bank owned, you probably will want to get rid of it quickly. In any case, you'll still want to consider three ways of looking at the value of the subject property: |