Foreclosure Appraisals in Pinal County
There are various appraisal problems when it comes to a home in foreclosure or one that has gone back to the institution's control.
It's vital to ascertain the difference between fair market value and "quick disposition" worth to analyze your likely charge-off liability when dealing with a home in foreclosure. The professionals at Powers Real Estate Services, LLC can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into account your time constraints.
You need a company who has the training to deal with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Powers Real Estate Services, LLC.
Owners of houses in foreclosure, of course, can present special challenges. They may be uncooperative to allowing an inspection of the property. They could have abandoned the house already and/or overlooked the care of the property for quite awhile - or gone as far as ransacked the property.
You will be interested in a fast disposition if the home has already changed to bank owned. So you may want to know and examine three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any work done to it, with the repairs necessary to make the property marketable at full market value corresponding with competing homes in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly to someone inclined to finish the job themselves. Again, we understand your urgency and the unique circumstances of a bank owned property, in addition to the special data you'll need -- competing listings, neighborhood trends, and the like. You can bank on Powers Real Estate Services, LLC to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.