Foreclosure and Real Estate Owned Appraisal in Maricopa County
There are unique appraisal challenges regarding a home in foreclosure or one that has gone back to the institution's ownership.
For a home in foreclosure, you might need to know the difference between the fair market and "quick disposition" value to know your likely charge-off liability. Timeline Appraisal Services, LLC has the knowledge in both providing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your time line.
The professionals at Timeline Appraisal Services, LLC have the expertise to handle the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Timeline Appraisal Services, LLC.
Specific challenges can be present when working with owners of homes in foreclosure. They may be uncooperative to allowing an inspection of the home. If they moved out of the home already, they may have ignored the care of the home for awhile - or worse, damaged the property.
If your house has already gone back to REO, you will interested in a speedy disposition. However, you may want to know 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 necessary to make the property marketable at full market value corresponding with competing homes in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your time line and the specific situation of an REO property, in addition to the unique information you'll need -- competing listings, market trends, and so forth. You can bank on Timeline Appraisal Services, LLC to handle the task of your REO professionally and efficiently. Contact us today.