Phoenix Valuations, LLC is a company you can trust when it comes to foreclosures in Maricopa
Houses that have gone back to the bank's holding and homes in foreclosure create particular appraisal difficulties.
When dealing with a home in foreclosure, it's important to recognize the difference between fair market worth and "quick disposition" worth to know your probable charge-off liability. At Phoenix Valuations, LLC, we have the knowledge in both furnishing 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 training to deal with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Phoenix Valuations, LLC.
Particular challenges may be present when working with owners of houses in foreclosure. They might be uncooperative to allowing an inspection of the home. Often the homes have been ransacked, unfortunately at the hands of the former residents. Or, it's likely you'll discover a house at a minimum abandoned or the home neglected for long of time.
For real estate that has changed to REO, you typically will want it off your hands as quickly as possible . But you may want to know and review three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any work performed, with the repairs due to make the house marketable at full market value corresponding with the other homes in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your timeline and the unique circumstances of an REO property, as well as the unique data you will need -- competing listings, market trends, and the like. You can count on Phoenix Valuations, LLC to handle the task of your bank owned property with expertise and professionalism. Contact us today.