Foreclosure and Real Estate Owned Appraisal in Maricopa County
Properties that have gone back to the bank's control and properties in foreclosure present particular appraisal problems.
For a home in foreclosure, you should know the difference between the fair market worth and "quick disposition" price 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 time line.
Timeline Appraisal Services, LLC has the expertise to deal with the special dynamics of a foreclosure appraisal. Contact Timeline Appraisal Services, LLC for a company you can rely on.
Owners of property in foreclosure, of course, can present unique challenges. They may be opposed to allowing an inspection of the property. They could have abandoned the property already and/or ignored the care of the house for quite awhile - or gone as far as vandalized the house.
If your property has already returned to Real Estate Owned, you will interested in an expedited disposition. But you may want to know and analyze three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any work performed, with the repairs required to make the house marketable at full market value consistent with competing properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, most likely to someone who'd rather finish the job themselves. Again, we understand your time line and the unique circumstances of an REO house, in addition to the unique information you will need -- competing listings, market trends, and so forth. You can bank on Timeline Appraisal Services, LLC to handle the task of your bank owned property with expertise and professionalism. Contact us today.