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Call Premier Appraisals, Inc. when you need valuations regarding Suffolk foreclosures

Premier Appraisals, Inc. is the company you should trust when you need appraisals for bank owned properties in Sayville, New York

Houses in foreclosure and homes that have returned to the institution's control create unique appraisal problems.

For a property in foreclosure, you need to understand the difference between market value and a "quick disposition" to know your likely charge-off liability. The professionals at Premier Appraisals, Inc. can provide both snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into account your pressing needs.

You need a company with the experience to deal with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Premier Appraisals, Inc..

Particular challenges may be present when working with owners of homes in foreclosure. They could be uncooperative to allowing an inspection of the property. If they have abandoned the home already, they may have neglected care of the house for quite awhile - or unfortunately, caused damage to the property.

If you're dealing with property that has already reverted to bank owned, you will interested in a fast disposition. But you might want to know about and analyze three values: as-is, as repaired, and "quick sale". These correspond to:

  • The value of the property without any work done to it
  • Possible value with the work needed to make the property marketable at full market value - consistent with competing homes in the area
  • With minor investment in repairs - to get rid of the property quickly, seemingly as a "fixer-upper"
Again, we understand your time line and the special circumstances of a bank owned house, as well as the special data you will need - competing listings, market trends, and so forth. You can rely on Premier Appraisals, Inc. to handle the task of your REO with expertise and professionalism. Contact us today.