Real Estate Owned and Foreclosure Appraisals in Maricopa CountyReal Estate in foreclosure and houses that have returned to the bank's control create special appraisal problems. You should recognize the difference between fair market price and "quick disposition" price to analyze your probable charge-off liability when dealing with a home in foreclosure. At Allstate Appraisal, Inc. , we have the background in both furnishing snapshots of fair market value for our mortgage clients, as well as "quick sale" forecasts that understand your time line. We have the experience to work with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact Allstate Appraisal, Inc. . Unique challenges might be present when dealing with owners of property in foreclosure. They may be unwilling to allow an inspection of the property. They might have left the home already and/or neglected care of the house for quite some time - or gone as far as damaged the home. For a home that has returned to bank owned, you typically will want it off your hands as quickly as possible . But you might want to know and examine three values: as-is, as repaired, and "quick sale." These represent the value of the property without any work done to it, with the work necessary to make the home marketable at full market value consistent with similar properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, likely to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the unique situation of a Real Estate Owned home, in addition to the special data you'll need -- competing listings, neighborhood trends, and so forth. You can bank on Allstate Appraisal, Inc. to handle the task of your bank owned property professionally and efficiently. Contact us today. |