Powers Real Estate Services, LLC is a company you can trust when you need appraisals for bank owned properties in San Tan Valley
Real Estate in foreclosure and homes that have returned to the financial institution's ownership present particular appraisal problems.
For a house in foreclosure, you need to understand the difference between fair market and "quick disposition" to know your potential charge-off liability. At Powers Real Estate Services, LLC, we have the knowledge in both presenting snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your timeline.
We have the training to work with the particular 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 particular challenges. They may be disinclined to allow an inspection of the property. If they abandoned the house already, they may have ignored the care of the house for awhile - or unfortunately, caused damage to the property.
You'll be interested in a speedy disposition if the property has returned to REO. So you might want to know and review three values: as-is, as repaired, and "quick sale." These represent the value of the property without any repairs performed, with the repairs due to make the property marketable at full market value comparable with the other houses in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the unique situation of a bank owned property, as well as the special information you'll need -- competing listings, market trends, and so forth. You can count on Powers Real Estate Services, LLC to take on the appraisal of your REO with expertise and professionalism. Contact us today.