Call Abbott & Dartt Appraisal Service, LLC to order valuations for Chittenden foreclosures

Foreclosure and REO Appraisals in Chittenden County

Properties in foreclosure and houses that have returned to the lender's ownership create special appraisal difficulties.

You need to ascertain the meanings of "market value" and a "quick disposition" price to evaluate what losses you might sustain when dealing with a property in foreclosure. The professionals at Abbott & Dartt Appraisal Service, LLC can provide both snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your urgency.

The professionals at Abbott & Dartt Appraisal Service, LLC have the qualifications to deal with the special dynamics of a foreclosure appraisal. For a company you can rely on, contact Abbott & Dartt Appraisal Service, LLC.

Owners of homes in foreclosure could be uncooperative to allowing an inspection of the home, thus presenting unique challenges. If they left the property already, they could have ignored the care of the house for quite some time - or worse, ransacked the house.

For real estate that has already gone back to REO, you most likely will want it off your hands as quickly as possible. In any case, you'll still want to consider three angles for looking at the value of the real estate at hand:

  • As Repaired. Value with the work needed to make the house marketable at full market value - commensurate with competing homes in the neighborhood
  • As-is. The value of the property without any work performed
  • Quick sale. With minor investment in repairs - to offload the home quickly, likely to someone inclined to finish the job themselves
Again, we understand your time line and the special circumstances of a bank owned property, in addition to the unique data you will need - competing listings, neighborhood trends, and so forth. You can bank on Abbott & Dartt Appraisal Service, LLC to handle the task of your REO professionally and efficiently. Contact us today.

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