Timeline Appraisal Services, LLC is a company you can trust when it comes to foreclosures in Scottsdale
There are various appraisal difficulties regarding a house in foreclosure or one that has returned to the financial institution's holding.
When dealing with a house in foreclosure, it's important to know the difference between fair market price and "quick disposition" value to know your probable charge-off liability. The professionals at Timeline Appraisal Services, LLC can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your urgency.
You need a company who has the training to work with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Timeline Appraisal Services, LLC.
Occupants of properties in foreclosure could be unwilling to allow an inspection of the house, thus presenting unique challenges. Often the houses show signs of vandalism, unfortunately by the former residents themselves. Or, it's common to discover nobody has lived in house for months or the home neglected for extended periods of time.
You'll be interested in an expeditious disposition if the home has already gone back to Real Estate Owned. So you might want to know about and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any work performed, with the repairs due to make the home marketable at full market value corresponding with competing houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the specific situation of a Real Estate Owned house, in addition to the unique information you'll need -- competing listings, neighborhood trends, and the like. You can rely on Timeline Appraisal Services, LLC to handle the task of your REO with expertise and professionalism. Contact us today.