![]() Northern Arizona Appraisal, Inc. is a company you can trust when it comes to bank owned properties in MaricopaProperties that have reverted to the financial institution's control and houses in foreclosure bring forth specific appraisal difficulties. For a property in foreclosure, you should understand the gap between fair market worth and "quick disposition" to know your likely charge-off liability. At Northern Arizona Appraisal, Inc., we have the training in both supplying snapshots of fair market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that understand your time constraints. We have the expertise to handle the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact Northern Arizona Appraisal, Inc.. Specific challenges might be present when dealing with owners of property in foreclosure. They could be opposed to allowing an inspection of the house. They could have moved out of the property already and/or overlooked the care of the home for a long time - or gone as far as damaged the house. If your property has already gone back to REO, you will interested in an expeditious disposition. However, you may want to know and analyze three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any work performed, with the repairs needed to make the house marketable at full market value corresponding with similar houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your urgency and the unique circumstances of a Real Estate Owned home, as well as the specific data you'll need -- competing listings, neighborhood trends, and the like. You can count on Northern Arizona Appraisal, Inc. to handle the task of your REO professionally and efficiently. Contact us today. |