REMACE, LTD. is experienced when it comes to foreclosures in York, PennsylvaniaHouses that have reverted to the bank's possession and houses in foreclosure bring forth particular appraisal challenges.
For a home in foreclosure, you would be wise to recognize the difference between the market price and a "quick disposition" assessment to know your likely charge-off liability. REMACE, LTD. has the background in both providing snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into consideration your pressing needs.
Occupants of dwellings in foreclosure might be unwilling to allow an inspection of the home, thus presenting unique challenges. Often the houses have been vandalized, often by the residents themselves. Or, it's common to find a house at a minimum abandoned or the home languishing in disrepair for extended periods of time.
For real estate that has reverted to bank owned, you most likely will be interested in an expedited resolution. In any case, you'll still want to consider three angles for looking at the value of the subject property: