ASAP Appraisal Services, Inc. is a company you can trust when it comes to bank owned properties in Maricopa
There are special appraisal problems when we're talking about a home in foreclosure or one that has reverted to the bank's ownership.
When there is a house in foreclosure, you need to know the difference between fair market worth and "quick disposition" worth to analyze your likely charge-off liability. At ASAP Appraisal Services, Inc., we have the background in both presenting snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your timeline.
You need a company who has the expertise to handle the particular dynamics of a foreclosure appraisal. For a company you can count on, contact ASAP Appraisal Services, Inc..
Owners of houses in foreclosure, of course, can present particular challenges. They might be uncooperative to allowing an inspection of the house. Sometimes the properties show signs of vandalism, unfortunately by the residents. Or, it's common to find nobody has lived in house for months or the home neglected for extended periods of time.
You'll be interested in a speedy disposition if the home has already returned to Real Estate Owned. So you may want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any repairs performed, with the work necessary to make the home marketable at full market value consistent with the other properties in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely to someone inclined to finish the job themselves. Again, we understand your urgency and the specific situation of an REO home, as well as the unique information you will need -- competing listings, market trends, and the like. You can bank on ASAP Appraisal Services, Inc. to handle the task of your bank owned property professionally and efficiently. Contact us today.