Real Estate Owned Appraisals in Maricopa County
Homes in foreclosure and homes that have returned to the bank's control bring forth specific appraisal difficulties.
For a property in foreclosure, you might need to know the gap between fair market price and "quick disposition" worth to know your likely charge-off liability. At Timeline Appraisal Services, LLC, we have the training in both producing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time constraints.
You need a company with the qualifications to deal with the specific dynamics of a foreclosure appraisal. Contact Timeline Appraisal Services, LLC for a company you can count on.
Owners of property in foreclosure could be opposed to allowing an inspection of the home, thus presenting particular challenges. Sometimes the properties have been intentionally damaged, unfortunately at the hands of the residents. Or, it's common to discover a house at a minimum abandoned or the home languishing in disrepair for extended periods of time.
If your house has already changed to REO, you will interested in an expedited disposition. But you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any repairs performed, with the work required to make the home marketable at full market value appropriate with similar real estate in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your time line and the unique circumstances of a bank owned house, in addition to the special information you will need -- competing listings, neighborhood trends, and the like. You can bank on Timeline Appraisal Services, LLC to handle the task of your bank owned property with expertise and professionalism. Contact us today.