Call Central Arizona Real Estate Appraisers when you need valuations regarding Maricopa foreclosures

Real Estate Owned Appraisal in Maricopa County

There are various appraisal difficulties when it comes to a home in foreclosure or one that has returned to the bank's control.

When there is a property in foreclosure, you should differentiate market value versus a "quick disposition" price to evaluate your possible charge-off liability. We can provide both snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into account your pressing needs.

The professionals at Central Arizona Real Estate Appraisers have the expertise to deal with the unique dynamics of a foreclosure appraisal. Contact Central Arizona Real Estate Appraisers for a company you can trust.

Owners of dwellings in foreclosure could be opposed to allowing an inspection of the property, thus presenting unique challenges. Sometimes the homes have been ransacked, unfortunately by the former residents themselves. Or, it's likely you'll find the previous owners have moved out or the home languishing in disrepair for long periods of time.

If you're dealing with a house that has returned to bank owned, you will interested in an expeditious disposition. However, you might want to know and analyze three values: as-is, as repaired, and "quick sale". These symbolize:

  • The value of the house without any repairs done to it
  • Possible value with the work required to make the home marketable at full market value - appropriate with competing homes in the neighborhood
  • With minor investment in repairs - to offload the property quickly, likely to someone who'd prefer to finish the job themselves
Again, we understand your time line and the special situation of an REO home, as well as the special data you will need - competing listings, market trends, and so forth. You can bank on Central Arizona Real Estate Appraisers to take on the task of your bank owned property with expertise and professionalism. Contact us today.