Timeline Appraisal Services, LLC is a company you can trust when you need appraisals for bank owned properties in Maricopa
There are various appraisal challenges when it comes to a house in foreclosure or one that has returned to the financial institution's control.
For a property in foreclosure, you may need to know the gap between fair market price and "quick disposition" to know your potential charge-off liability. At Timeline Appraisal Services, LLC, we have the knowledge in both producing snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your time line.
We have the training to handle the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Timeline Appraisal Services, LLC.
Owners of property in foreclosure, of course, can present particular challenges. They may be opposed to allowing an inspection of the home. Sometimes the subjects show signs of vandalism, often at the hands of the former residents. Or, it's likely you'll discover the residents have moved out or the home neglected for long of time.
If your home has reverted to REO, you will interested in a quick disposition. But you might want to know and analyze three values: as-is, as repaired, and "quick sale." These represent the value of the home without any repairs done to it, with the repairs called for to make the home marketable at full market value corresponding with the other properties in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly to someone inclined to finish the job themselves. Again, we understand your timeline and the special situation of a bank owned house, in addition to the unique information you will need -- competing listings, market trends, and so forth. You can rely on Timeline Appraisal Services, LLC to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.