Allstate Appraisal, Inc. is experienced when it comes to foreclosures in Phoenix
Houses that have returned to the institution's control and houses in foreclosure create particular appraisal challenges.
For a property in foreclosure, you might need to know the gap between fair market value and "quick disposition" price to know your potential charge-off liability. The professionals at Allstate Appraisal, Inc. can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that take into account your urgency.
You need a company who has the training to work with the special dynamics of a foreclosure appraisal. For a company you can trust, contact Allstate Appraisal, Inc. .
Particular challenges might be present when working with owners of houses in foreclosure. They could be unwilling to allow an inspection of the house. Sometimes the houses have been ransacked, often at the hands of the former residents themselves. Or, it's likely you'll discover a house at a minimum abandoned or the home languishing in disrepair for long of time.
For real estate that has changed to Real Estate Owned, you most likely will want it off your hands as quickly as possible . However, you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any repairs performed, with the repairs required to make the home marketable at full market value appropriate with similar homes in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your timeline and the unique situation of an REO house, in addition to the special data you'll need -- competing listings, neighborhood trends, and the like. You can count on Allstate Appraisal, Inc. to handle the task of your REO with expertise and professionalism. Contact us today.