Real Estate Owned and Foreclosure Appraisals in Pinal County
Real Estate in foreclosure and properties that have reverted to the bank's possession create various appraisal challenges.
For a property in foreclosure, you might need to understand the gap between the fair market worth and "quick disposition" price to know your likely charge-off liability. At Powers Real Estate Services, LLC, we have the knowledge in both producing snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your timeline.
Powers Real Estate Services, LLC has the experience to handle the particular dynamics of a foreclosure appraisal. Contact Powers Real Estate Services, LLC for a company you can count on.
Specific challenges might be present when dealing with owners of homes in foreclosure. They might be disinclined to allow an inspection of the property. They might have left the property already and/or overlooked the care of the house for awhile - or even worse, intentionally harmed the house.
You'll be interested in a fast disposition if the home has already reverted to bank owned. So you might want to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any repairs done to it, with the work required to make the house marketable at full market value appropriate with competing homes in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, most likely to someone inclined to finish the job themselves. Again, we understand your timeline and the unique circumstances of a Real Estate Owned property, as well as the unique data you will need -- competing listings, neighborhood trends, and the like. You can count on Powers Real Estate Services, LLC to handle the task of your REO with expertise and professionalism. Contact us today.