Timeline Appraisal Services, LLC is experienced when you need appraisals for foreclosures in Scottsdale
Houses in foreclosure and homes that have returned to the lender's holding bring forth specific appraisal difficulties.
When dealing with a home in foreclosure, you should understand the difference between fair market worth and "quick disposition" price to evaluate your potential 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 take into consideration your timeline.
You need a company who has the training to deal with the particular dynamics of a foreclosure appraisal. Contact Timeline Appraisal Services, LLC for a company you can count on.
Specific challenges can be present when working with owners of property in foreclosure. They could be uncooperative to allowing an inspection of the home. If they have abandoned the home already, they might have not taken care of the home for quite some time - or worse, caused damage to the property.
For a property that has returned to REO, you likewise will be interested in a speedy disposition . But you might want to know and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any work done to it, with the repairs due to make the property marketable at full market value comparable with the other properties in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your timeline and the unique situation of an REO property, in addition to the unique information you'll need -- competing listings, market trends, and the like. You can rely on Timeline Appraisal Services, LLC to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.