![]() West Valley Appraisal Services is experienced when it comes to bank owned properties in MaricopaHomes that have returned to the bank's holding and properties in foreclosure create particular appraisal difficulties. For a home in foreclosure, you need to understand the gap between the fair market price and "quick disposition" worth to know your likely charge-off liability. West Valley Appraisal Services has the training in both presenting snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that respect your urgency. You need a company with the experience to work with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact West Valley Appraisal Services. Particular challenges may be present when working with owners of property in foreclosure. They could be uncooperative to allowing an inspection of the house. If they have abandoned the property already, they might have overlooked the care of the property for quite some time - or unfortunately, ransacked the property. If your home has already gone back to bank owned, you will interested in a quick disposition. However, you may want to understand and review three values: as-is, as repaired, and "quick sale." These represent the value of the property without any repairs done to it, with the work necessary to make the home marketable at full market value appropriate with similar properties in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely to someone who'd rather finish the job themselves. Again, we understand your time line and the special circumstances of a Real Estate Owned home, in addition to the unique data you will need -- competing listings, market trends, and so forth. You can rely on West Valley Appraisal Services to handle the appraisal of your bank owned property professionally and efficiently. Contact us today. |