Phoenix Valuations, LLC is experienced when you need appraisals for bank owned properties in Maricopa
Real Estate in foreclosure and homes that have gone back to the bank's ownership present unique appraisal difficulties.
You should ascertain the difference between fair market worth and "quick disposition" worth to analyze what losses you could sustain when dealing with a home in foreclosure. At Phoenix Valuations, LLC, we have the background in both supplying snapshots of fair market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your time line.
Phoenix Valuations, LLC has the training to handle the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Phoenix Valuations, LLC.
Occupants of properties in foreclosure could be uncooperative to allowing an inspection of the property, thus presenting particular challenges. They could have abandoned the property already and/or neglected care of the house for quite awhile - or even worse, vandalized the house.
You'll be interested in a speedy disposition if the home has already changed to bank owned. So you need to understand and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work done to it, with the repairs due to make the property marketable at full market value commensurate with competing properties in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably to someone who'd rather finish the job themselves. Again, we understand your urgency and the specific circumstances of a Real Estate Owned property, as well as the specific information you will need -- competing listings, neighborhood trends, and so forth. You can rely on Phoenix Valuations, LLC to take on the appraisal of your REO with expertise and professionalism. Contact us today.