REO and Foreclosure Appraisals in Maricopa CountyThere are special appraisal challenges when we're talking about a property in foreclosure or one that has gone back to the lender's control. You need to ascertain the difference between fair market price and "quick disposition" worth to analyze your likely charge-off liability when dealing with a house in foreclosure. 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 take into consideration your timeline. We have the qualifications to work with the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Timeline Appraisal Services, LLC. Owners of houses in foreclosure, of course, can present specific challenges. They might be unwilling to allow an inspection of the house. If they left the home already, they could have neglected care of the house for quite awhile - or unfortunately, ransacked the house. For a house that has already returned to bank owned, you typically will want to get rid of it quickly . But you may want to know about and review three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any work performed, with the repairs necessary to make the house marketable at full market value appropriate with competing homes in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the special situation of a bank owned property, in addition to the unique data 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. |