Veracity Realty Services, llc is the company you should trust when you need appraisals for bank owned properties in Northampton CountyHomes that have returned to the financial institution's holding and homes in foreclosure bring forth unique appraisal challenges.For a home in foreclosure, you would be wise to know the difference between market and a "quick disposition" price to know your possible charge-off liability. At Veracity Realty Services, llc, we have the experience in both providing snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that consider your time line.
Owners of homes in foreclosure might be opposed to allowing an inspection of the house, thus presenting particular challenges. Sometimes the homes have been ransacked, unfortunately at the hands of the former residents themselves. Or, it's common to find nobody has lived in house for months or the home neglected for extended periods of time.
For a house that has returned to REO, you probably will be seeking an expeditious resolution. But you may want to understand and review the meanings of "as-is", "as repaired", and "quick sale" values. These symbolize: |