Allstate Appraisal, Inc. is a company you can trust when it comes to foreclosures in Maricopa
There are special appraisal problems when we're talking about a house in foreclosure or one that has reverted to the lender's ownership.
You should know the difference between fair market worth and "quick disposition" worth to analyze your probable charge-off liability when dealing with a home in foreclosure. At Allstate Appraisal, Inc. , we have the experience in both producing snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your urgency.
Allstate Appraisal, Inc. has the training to handle the special dynamics of a foreclosure appraisal. Contact Allstate Appraisal, Inc. for a company you can trust.
Specific challenges might be present when dealing with owners of houses in foreclosure. They could be disinclined to allow an inspection of the property. They could have moved out of the home already and/or neglected care of the house for awhile - or worse, caused damage to the house.
You'll be interested in an expedited disposition if the home has already changed to Real Estate Owned. So you might want to know and examine three values: as-is, as repaired, and "quick sale." These represent the value of the house without any work done to it, with the repairs called for to make the property marketable at full market value appropriate with the other real estate in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably to someone who'd prefer to finish the job themselves. Again, we understand your time line and the specific circumstances of a bank owned house, as well as the unique data you'll need -- competing listings, market trends, and so forth. You can bank on Allstate Appraisal, Inc. to handle the appraisal of your REO professionally and efficiently. Contact us today.