Northern Arizona Appraisal, Inc. is experienced when you need appraisals for bank owned properties in PhoenixHouses that have gone back to the bank's control and houses in foreclosure create specific appraisal difficulties. For a house in foreclosure, you need to recognize the gap between fair market and "quick disposition" worth to know your potential charge-off liability. At Northern Arizona Appraisal, Inc., we have the training in both providing snapshots of fair market value for our mortgage clients, as well as "quick sale" forecasts that understand your time constraints. We have the qualifications to handle the unique dynamics of a foreclosure appraisal. Contact Northern Arizona Appraisal, Inc. for a company you can trust. Special challenges may be present when working with owners of properties in foreclosure. They may be opposed to allowing an inspection of the home. They may have left the house already and/or ignored the care of the property for quite some time - or gone as far as vandalized the house. If your house has changed to REO, you will interested in an expedited disposition. However, you may want to know about and analyze 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 repairs needed to make the house marketable at full market value appropriate with competing homes in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, most likely to someone who'd rather finish the job themselves. Again, we understand your urgency and the special circumstances of a Real Estate Owned property, as well as the unique data you will need -- competing listings, market trends, and the like. You can count on Northern Arizona Appraisal, Inc. to take on the task of your REO with expertise and professionalism. Contact us today. |