Allstate Appraisal, Inc. is experienced when it comes to bank owned properties in MaricopaHomes that have reverted to the institution's control and properties in foreclosure create special appraisal challenges. For a house in foreclosure, you may need to understand the gap between the fair market price and "quick disposition" to know your possible charge-off liability. Allstate Appraisal, Inc. has the knowledge in both furnishing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time constraints. You need a company who has the experience to deal with the special dynamics of a foreclosure appraisal. Contact Allstate Appraisal, Inc. for a company you can count on. Owners of homes in foreclosure, of course, can present unique challenges. They might be disinclined to allow an inspection of the house. Sometimes the properties have been vandalized, unfortunately at the hands of the former residents. Or, it's likely you'll discover a house at least abandoned or the home languishing in disrepair for extended periods of time. If your property has already returned to bank owned, you will interested in a speedy disposition. But you might want to understand and analyze three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any repairs performed, with the repairs due to make the house marketable at full market value consistent with similar homes in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly to someone who'd prefer to finish the job themselves. Again, we understand your time line and the unique situation of an REO house, in addition to the unique data you'll need -- competing listings, neighborhood trends, and the like. You can bank on Allstate Appraisal, Inc. to handle the task of your REO professionally and efficiently. Contact us today. |