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Call T.R. Moore & Associates, Inc. to discuss appraisals for Maricopa foreclosures

Foreclosure Appraisals in Maricopa County

There are particular appraisal difficulties for a home in foreclosure or one that has returned to the financial institution's ownership.

You should ascertain the meanings of "market value" and a "quick disposition" assessment to evaluate your potential write-down liability when dealing with a house in foreclosure. T.R. Moore & Associates, Inc. has the experience in both furnishing snapshots of market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into consideration your time constraints.

We have the expertise to work with the particular dynamics of a foreclosure appraisal. Contact T.R. Moore & Associates, Inc. for a company you can rely on.

Unique challenges can be present when working with owners of property in foreclosure. They could be opposed to allowing an inspection of the property. Sometimes the properties have been ransacked, often by the former residents. Or, it's likely you'll find the previous owners have moved out or the home languishing in disrepair for long periods of time.

 

For real estate that has gone back to Real Estate Owned, you most likely will be interested in a speedy disposition. But you might want to know and review three values - "as-is", "as repaired", and "quick sale". These correspond to:

  • The value of the property without any work performed
  • Value with the repairs necessary to make the home marketable at full market value - commensurate with similar houses in the area
  • With minimal investment in repairs - to get rid of the home quickly, seemingly to someone who'd rather finish the job themselves
Again, we understand your urgency and the specific situation of a bank owned property, in addition to the special information you'll need - competing listings, neighborhood trends, and the like. You can count on T.R. Moore & Associates, Inc. to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.