Call West End Appraisals when you need appraisals for Worcester foreclosures

West End Appraisals is experienced when you need appraisals for bank owned properties in Whitinsville, Massachusetts

Houses in foreclosure and houses that have reverted to the lender's possession present particular appraisal challenges.

When there is a home in foreclosure, it's important to ascertain market value versus a "quick disposition" assessment to know your likely charge-off liability. West End Appraisals has the knowledge in both supplying snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that take into consideration your time line.

West End Appraisals has the qualifications to deal with the particular dynamics of a foreclosure appraisal. For a company you can trust, contact West End Appraisals.

Unique challenges can be present when working with owners of homes in foreclosure. They may be unwilling to allow an inspection of the home. Sometimes the homes show signs of vandalism, often at the hands of the former residents. Or, it's likely you'll find a house at a minimum abandoned or the home neglected for long periods of time.

For real estate that has gone back to Real Estate Owned, you most likely will be interested in an expedited resolution. But you might want to know about and analyze three values - "as-is", "as repaired", and "quick sale". These represent:

  • The value of the house without any repairs done to it
  • Possible value with the work needed to make the property marketable at full market value - comparable with competing real estate in the area
  • Somewhere in between, with minor investment in repairs - to get rid of the home quickly, likely to someone who'd rather finish the job themselves
Again, we understand your time line and the special circumstances of a bank owned property, as well as the specific information you will need - competing listings, market trends, and so forth. You can rely on West End Appraisals to handle the task of your REO with expertise and professionalism. Contact us today.