Foreclosure Appraisals in Pinal County
There are particular appraisal challenges involved in a property in foreclosure or one that has reverted to the bank's possession.
When dealing with a home in foreclosure, you need to recognize the difference between fair market worth and "quick disposition" price to evaluate your probable charge-off liability. At Powers Real Estate Services, LLC, we have the training in both providing snapshots of fair market value for our mortgage clients, in addition to "quick sale" forecasts that understand your urgency.
You need a company who has the expertise to deal with the particular dynamics of a foreclosure appraisal. Contact Powers Real Estate Services, LLC for a company you can rely on.
Owners of dwellings in foreclosure might be uncooperative to allowing an inspection of the property, thus presenting special challenges. If they moved out of the house already, they could have overlooked the care of the property for quite awhile - or unfortunately, caused damage to the house.
If your home has gone back to bank owned, you will interested in a speedy disposition. However, you might want to know about and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs performed, with the repairs called for to make the house marketable at full market value appropriate with competing houses 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 urgency and the specific situation of a bank owned home, as well as the special data you will need -- competing listings, market trends, and the like. You can count on Powers Real Estate Services, LLC to take on the task of your REO with expertise and professionalism. Contact us today.