NEW ENGLAND APPRAISAL SERVICES LTD is experienced when you need appraisals for bank owned properties in Norfolk County

It's key to understand the meanings of "market value" and a "quick disposition" assessment to evaluate what losses you might realize when dealing with a property in foreclosure. At NEW ENGLAND APPRAISAL SERVICES LTD, we have the training in both producing snapshots of market value for our mortgage clients, in addition to "quick sale" forecasts that factor in your urgency.

	You need a company who has the qualifications to work with the special dynamics of a foreclosure appraisal. Contact NEW ENGLAND APPRAISAL SERVICES LTD for a company you can rely on.

Owners of property in foreclosure may be uncooperative to allowing an inspection of the home, thus presenting special challenges. They might have left the home already and/or ignored the care of the house for a long time - or in some cases damaged the house.

For real estate that has changed to REO, you likewise will be going for a speedy disposition. Regardless, you'll still want to consider three angles for looking at the value of the asset (or in some cases, liability):

• As Repaired. Possible market value with the repairs needed to make the house marketable at full market value - comparable with similar real estate in the neighborhood
• As-is. The market value of the house without any repairs done to it
• Quick sale. With minor investment in repairs - to get rid of the property quickly, most likely to someone who'd rather finish the job themselves