![]() Allstate Appraisal, Inc. is a company you can trust when it comes to bank owned properties in MaricopaHomes in foreclosure and properties that have returned to the institution's holding create various appraisal difficulties. When there is a house in foreclosure, you need to recognize the difference between fair market value and "quick disposition" price to analyze your potential charge-off liability. At Allstate Appraisal, Inc. , we have the knowledge in both presenting snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your timeline. The professionals at Allstate Appraisal, Inc. have the qualifications to work with the specific dynamics of a foreclosure appraisal. Contact Allstate Appraisal, Inc. for a company you can rely on. Owners of houses in foreclosure, of course, can present unique challenges. They might be uncooperative to allowing an inspection of the property. Often the properties show signs of vandalism, unfortunately at the hands of the former residents themselves. Or, it's likely you'll discover nobody has occupied the house for months or the home languishing in disrepair for long of time. You will be interested in a quick disposition if the home has reverted to bank owned. So you may want to know about and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any repairs done to it, with the repairs necessary to make the property marketable at full market value commensurate with the other real estate in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the special circumstances of an REO house, in addition to the unique information you'll need -- competing listings, market trends, and so forth. You can bank on Allstate Appraisal, Inc. to take on the task of your bank owned property with expertise and professionalism. Contact us today. |