Floyd Knows Properties, LLC is a company you can trust when you need appraisals for bank owned properties in MaricopaHomes in foreclosure and homes that have reverted to the financial institution's possession present special appraisal difficulties. For a home in foreclosure, you need to understand the gap between fair market price and "quick disposition" price to know your potential charge-off liability. We can provide both snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your timeline. You need a company with the qualifications to deal with the specific dynamics of a foreclosure appraisal. Contact Floyd Knows Properties, LLC for a company you can rely on. Occupants of property in foreclosure may be disinclined to allow an inspection of the property, thus presenting unique challenges. If they left the house already, they could have not taken care of the property for quite awhile - or even worse, damaged the house. For a home that has gone back to REO, you probably will want to get rid of it quickly . However, you may want to understand and review three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any repairs done to it, with the repairs called for to make the house marketable at full market value appropriate with similar homes in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your timeline and the special situation of a Real Estate Owned property, in addition to the unique data you'll need -- competing listings, neighborhood trends, and so forth. You can rely on Floyd Knows Properties, LLC to handle the task of your bank owned property professionally and efficiently. Contact us today. |