Call Ascension Appraisal when you need appraisals pertaining to Worcester foreclosures

Real Estate Owned Appraisals in Worcester County

Properties that have gone back to the financial institution's possession and homes in foreclosure present special appraisal problems.

For a house in foreclosure, you need to recognize the difference between the fair market value and "quick disposition" to know your possible charge-off liability. Ascension Appraisal has the training in both presenting snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time line.

Ascension Appraisal has the qualifications to deal with the unique dynamics of a foreclosure appraisal. For a company you can count on, contact Ascension Appraisal.

Owners of property in foreclosure, of course, can present specific challenges. They might be uncooperative to allowing an inspection of the home. If they abandoned the home already, they might have overlooked the care of the property for awhile - or worse, damaged the house.

For real estate that has already reverted to Real Estate Owned, you likewise will be seeking a speedy disposition . But you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any work done to it, with the work necessary to make the property marketable at full market value comparable with similar houses in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your time line and the special circumstances of an REO house, in addition to the unique data you will need -- competing listings, neighborhood trends, and so forth. You can count on Ascension Appraisal to handle the appraisal of your REO professionally and efficiently. Contact us today.