Call Schaeffer Appraisal Services when you need appraisals of Essex foreclosures

Foreclosure and Real Estate Owned Appraisals in Essex County

There are particular appraisal difficulties when it comes to a house in foreclosure or one that has returned to the institution's possession.

For a home in foreclosure, you definitely need to know the gap between the market value and a "quick disposition" to know your probable charge-off liability. We can provide both snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into account your urgency.


	We have the expertise to deal with the special dynamics of a foreclosure appraisal. For a company you can trust, contact Schaeffer Appraisal Services.

Owners of homes in foreclosure may be unwilling to allow an inspection of the house, thus presenting particular challenges. They could have left the property already and/or ignored the care of the home for quite awhile - or in some cases damaged the home.

If you're dealing with home that has returned to REO, you will interested in an expeditious disposition. But you may want to understand and review three values: as-is, as repaired, and "quick sale". These represent:

The value of the property without any work performed
Value with the repairs necessary to make the home marketable at full market value - commensurate with competing properties in the neighborhood

With minor investment in repairs - to sell the home quickly, possibly as a "fixer-upper"

Again, we understand your urgency and the specific circumstances of an REO property, as well as the specific data you will need - competing listings, market trends, and the like. You can rely on Schaeffer Appraisal Services to take on the task of your bank owned property professionally and efficiently. Contact us today.

Schaeffer Appraisal Services PO Box 1151 Andover, MA 01810-6503

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