Foreclosure and REO Appraisal in Gila County
Houses in foreclosure and properties that have returned to the lender's holding present special appraisal difficulties.
For a property in foreclosure, you need to recognize the gap between fair market price and "quick disposition" to know your potential charge-off liability. The professionals at Assured Appraisals, LLC. can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time constraints.
We have the experience to work with the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Assured Appraisals, LLC..
Owners of in foreclosure might be disinclined to allow an inspection of the property, thus presenting specific challenges. If they have abandoned the house already, they could have not taken care of the house for some time - or worse, ransacked the home.
You'll be interested in a speedy disposition if the property has already gone back to REO. So you might want to know and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any repairs performed, with the work due to make the home marketable at full market value commensurate with competing houses in the area, 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 special situation of an REO home, in addition to the specific information you'll need -- competing listings, market trends, and the like. You can bank on Assured Appraisals, LLC. to take on the task of your bank owned property professionally and efficiently. Contact us today.