What lenders need to know:
- The remaining equity in the property, any needed repairs, and the cost to cure.
- Estimate the approximant time the property needs to obtain a fair market sale. If the dwelling is being foreclosed the lender may require court testimony.
What a buyer/investor needs to know:
- How this property compares with other similar properties that have sold in the neighborhood.
- The current real estate market trends, road changes or new commercial construction, and what impact they would have on the property.
When you need an unbiased opinion of value, call (203) 239-1988
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