![]() Foreclosure and REO Appraisals in Maricopa CountyHouses in foreclosure and properties that have reverted to the institution's holding create various appraisal problems. When dealing with a house in foreclosure, you should ascertain the difference between fair market value and "quick disposition" worth to know your likely charge-off liability. At Steyskal Home Appraisal LLC, we have the knowledge in both supplying snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your time constraints. We have the training to handle the special dynamics of a foreclosure appraisal. For a company you can rely on, contact Steyskal Home Appraisal LLC. Unique challenges might be present when dealing with owners of properties in foreclosure. They may be unwilling to allow an inspection of the house. If they abandoned the property already, they could have not taken care of the home for a long time - or even worse, caused damage to the house. If your home has returned to bank owned, you will interested in an expedited disposition. But you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These represent the value of the home without any work done to it, with the work needed to make the home marketable at full market value comparable with the other homes in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, possibly to someone who'd prefer to finish the job themselves. Again, we understand your urgency and the unique situation of an REO house, as well as the special data you'll need -- competing listings, market trends, and so forth. You can rely on Steyskal Home Appraisal LLC to handle the task of your bank owned property professionally and efficiently. Contact us today. |