Foreclosure Appraisal in Maricopa County
Properties in foreclosure and houses that have reverted to the financial institution's possession bring forth particular appraisal difficulties.
You need to differentiate the difference between fair market worth and "quick disposition" value to evaluate what losses you could sustain when dealing with a house in foreclosure. The professionals at Phoenix Valuations, LLC can provide both snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time constraints.
Phoenix Valuations, LLC has the qualifications to handle the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact Phoenix Valuations, LLC.
Owners of dwellings in foreclosure could be disinclined to allow an inspection of the house, thus presenting specific challenges. If they abandoned the property already, they could have ignored the care of the property for quite some time - or unfortunately, damaged the home.
If your property has reverted to bank owned, you will interested in a quick disposition. But you might want to know about and compare three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any work performed, with the repairs necessary to make the home marketable at full market value consistent with similar homes in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, most likely to someone inclined to finish the job themselves. Again, we understand your timeline and the special situation of an REO property, as well as the special data you will need -- competing listings, market trends, and the like. You can bank on Phoenix Valuations, LLC to take on the task of your bank owned property with expertise and professionalism. Contact us today.