DMP Appraisals is the company you should trust when you need appraisals for bank owned properties in Dutchess County

When there is a property in foreclosure, it's important to understand market value versus a "quick disposition" price to analyze your possible charge-off liability. At DMP Appraisals, we have the knowledge in both furnishing snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time constraints.

	We have the qualifications to handle the particular dynamics of a foreclosure appraisal. Contact DMP Appraisals for a company you can rely on.

Occupants of properties in foreclosure might be opposed to allowing an inspection of the house, thus presenting particular challenges. Often the properties have been vandalized, often at the hands of the residents themselves. Or, it's common to discover the previous owners have moved out or the home neglected for extended periods of time.

For real estate that has changed to bank owned, you probably will want to get rid of it quickly. In any case, you'll still want to consider three angles for figuring the value of the real estate at hand:

• As Repaired. Possible market value with the work called for to make the property marketable at full market value - comparable with other homes in the neighborhood
• As-is. The market value of the home without any work done to it
• Quick sale. With minimal investment in repairs - to get rid of the property quickly, likely to someone who'd rather finish the job themselves