Real Estate Owned Appraisal in Maricopa CountyThere are specific appraisal difficulties involved in a house in foreclosure or one that has gone back to the lender's ownership. When there is a home in foreclosure, it's important to ascertain the difference between fair market value and "quick disposition" value to know your potential charge-off liability. At Steyskal Home Appraisal LLC, we have the experience in both supplying snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your timeline. We have the expertise to handle the particular dynamics of a foreclosure appraisal. Contact Steyskal Home Appraisal LLC for a company you can trust. Special challenges may be present when working with owners of houses in foreclosure. They might be opposed to allowing an inspection of the property. Sometimes the homes have been intentionally damaged, often by the former residents themselves. Or, it's likely you'll discover the residents have moved out or the home neglected for long of time. If your property has already reverted to REO, you will interested in a fast disposition. But you may want to understand and review three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any work performed, with the work due to make the property marketable at full market value commensurate with the other homes in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your timeline and the unique circumstances of an REO house, as well as the specific data you'll need -- competing listings, neighborhood trends, and the like. You can rely on Steyskal Home Appraisal LLC to handle the task of your bank owned property professionally and efficiently. Contact us today. |