Desert Sky Appraisers is a company you can trust when you need appraisals for foreclosures in Chandler
Houses that have returned to the bank's ownership and homes in foreclosure create specific appraisal problems.
For a property in foreclosure, you might need to recognize the difference between the fair market worth and "quick disposition" to know your likely charge-off liability. Desert Sky Appraisers has the training in both providing snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your time line.
You need a company with the expertise to deal with the unique dynamics of a foreclosure appraisal. For a company you can rely on, contact Desert Sky Appraisers.
Particular challenges may be present when dealing with owners of houses in foreclosure. They might be opposed to allowing an inspection of the home. Sometimes the homes show signs of vandalism, unfortunately by the residents themselves. Or, it's likely you'll discover nobody has lived in house for months or the home languishing in disrepair for extended periods of time.
For real estate that has changed to Real Estate Owned, you most likely will want it off your hands as quickly as possible . However, you might want to understand and examine three values: as-is, as repaired, and "quick sale." These represent the value of the property without any repairs performed, with the work called for to make the house marketable at full market value commensurate with similar homes in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your time line and the unique situation of a Real Estate Owned property, in addition to the special data you'll need -- competing listings, market trends, and the like. You can rely on Desert Sky Appraisers to take on the task of your bank owned property with expertise and professionalism. Contact us today.