Call REMACE, LTD. to order valuations regarding York foreclosures

REMACE, LTD. is experienced when it comes to foreclosures in York, Pennsylvania

Houses that have reverted to the bank's possession and houses in foreclosure bring forth particular appraisal challenges.

For a home in foreclosure, you would be wise to recognize the difference between the market price and a "quick disposition" assessment to know your likely charge-off liability. REMACE, LTD. has the background in both providing snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into consideration your pressing needs.

You need a company who has the expertise to handle the particular dynamics of a foreclosure appraisal. Contact REMACE, LTD. for a company you can count on.

Occupants of dwellings in foreclosure might be unwilling to allow an inspection of the home, thus presenting unique challenges. Often the houses have been vandalized, often by the residents themselves. Or, it's common to find a house at a minimum abandoned or the home languishing in disrepair for extended periods of time.

For real estate that has reverted to bank owned, you most likely will be interested in an expedited resolution. In any case, you'll still want to consider three angles for looking at the value of the subject property:

  • As Repaired. Possible market value with the repairs called for to make the house marketable at full market value - appropriate with competing real estate in the area
  • As-is. The market value of the house without any work done to it
  • Quick sale. With minimal investment in repairs - to offload the home quickly, probably as a "fixer-upper"
Again, we understand your timeline and the unique circumstances of a bank owned property, in addition to the special data you will need - competing listings, market trends, and the like. You can count on REMACE, LTD. to handle the appraisal of your REO professionally and efficiently. Contact us today.