Precise Home Appraisals, LLC is a company you can trust when it comes to bank owned properties in MaricopaProperties in foreclosure and homes that have gone back to the bank's ownership present specific appraisal challenges. For a home in foreclosure, you should understand the difference between the fair market worth and "quick disposition" value to know your possible charge-off liability. Precise Home Appraisals, LLC has the knowledge in both presenting snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your time line. You need a company who has the expertise to work with the special dynamics of a foreclosure appraisal. For a company you can count on, contact Precise Home Appraisals, LLC. Owners of homes in foreclosure, of course, can present special challenges. They could be uncooperative to allowing an inspection of the home. Often the homes have been intentionally damaged, often at the hands of the residents themselves. Or, it's likely you'll discover a house at a minimum abandoned or the home neglected for extended periods of time. You will be interested in an expedited disposition if the home has already gone back to REO. So you may want to understand and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the home without any work done to it, with the work due to make the home marketable at full market value appropriate with similar houses in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely to someone who'd prefer to finish the job themselves. Again, we understand your time line and the specific situation of a bank owned home, in addition to the special data you'll need -- competing listings, market trends, and so forth. You can count on Precise Home Appraisals, LLC to take on the task of your REO with expertise and professionalism. Contact us today. |