Timeline Appraisal Services, LLC is a company you can trust when it comes to bank owned properties in Scottsdale
Homes that have returned to the institution's control and homes in foreclosure create various appraisal challenges.
For a property in foreclosure, you need to know the gap between fair market worth and "quick disposition" to know your likely charge-off liability. Timeline Appraisal Services, LLC has the background in both providing snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your timeline.
You need a company who has the training to handle the special dynamics of a foreclosure appraisal. For a company you can trust, contact Timeline Appraisal Services, LLC.
Owners of homes in foreclosure, of course, can present specific challenges. They could be disinclined to allow an inspection of the home. Sometimes the houses have been vandalized, unfortunately at the hands of the residents themselves. Or, it's common to find the residents have moved out or the home languishing in disrepair for extended periods of time.
If your house has gone back to Real Estate Owned, you will interested in a fast disposition. But you might want to know about and analyze three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any work done to it, with the repairs necessary to make the home marketable at full market value corresponding with competing houses in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly to someone who'd rather finish the job themselves. Again, we understand your urgency and the special situation of a bank owned home, in addition to the special information you'll need -- competing listings, neighborhood trends, and the like. You can bank on Timeline Appraisal Services, LLC to take on the appraisal of your REO with expertise and professionalism. Contact us today.