profile picture

Call Timeline Appraisal Services, LLC to discuss valuations of Maricopa foreclosures

REO and Foreclosure Appraisal in Maricopa County

There are various appraisal challenges when it comes to a home in foreclosure or one that has reverted to the lender's ownership.

For a property in foreclosure, you need to understand the gap between market value and a "quick disposition" price to know your potential charge-off liability. Timeline Appraisal Services, LLC has the knowledge in both presenting snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into consideration your pressing needs.

Timeline Appraisal Services, LLC has the experience to work with the specific dynamics of a foreclosure appraisal. Contact Timeline Appraisal Services, LLC for a company you can .

Owners of properties in foreclosure can present special challenges. For example, they could be combative when it comes to allowing an inspection of the house. Often the properties have been intentionally damaged, unfortunately at the hands of the residents themselves. Or, it's common to find the residents have moved out or the home languishing in disrepair for extended periods of time.

You will be interested in an expedited disposition if the house has gone back to bank owned. So you might want to know about and review three values: "as-is", "as repaired", and "quick sale". These symbolize:

  • The value of the home without any repairs done to it
  • Value with the repairs due to make the home marketable at full market value - comparable with competing properties in the neighborhood
  • Somewhere in the middle, with minor investment in repairs - to get rid of the property quickly, possibly as a "fixer-upper"
Again, we understand your time line and the special circumstances of an REO property, in addition to the specific data you will need - competing listings, market trends, and so forth. You can rely on Timeline Appraisal Services, LLC to take on the appraisal of your REO professionally and efficiently. Contact us today.