Allstate Appraisal, Inc. is experienced when you need appraisals for bank owned properties in Phoenix
Homes that have returned to the institution's control and homes in foreclosure bring forth various appraisal difficulties.
You should know the difference between fair market price and "quick disposition" price to analyze your probable charge-off liability when dealing with a property in foreclosure. The professionals at Allstate Appraisal, Inc. can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your urgency.
We have the experience to deal with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Allstate Appraisal, Inc. .
Specific challenges can be present when working with owners of homes in foreclosure. They may be disinclined to allow an inspection of the home. If they abandoned the house already, they might have neglected care of the house for some time - or worse, caused damage to the property.
If your house has gone back to Real Estate Owned, you will interested in an expedited disposition. However, you might want to know and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs done to it, with the work needed to make the house marketable at full market value comparable with similar real estate in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your urgency and the unique situation of an REO property, in addition to the unique data you'll need -- competing listings, market trends, and so forth. You can rely on Allstate Appraisal, Inc. to handle the task of your REO professionally and efficiently. Contact us today.