Foreclosure and REO Appraisals in Maricopa County

It's important to differentiate the meanings of "market value" and a "quick disposition" assessment to analyze what losses you could have to endure when dealing with a property in foreclosure. Desert Sky Appraisers has the knowledge in both supplying snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into account your time constraints.

	The professionals at Desert Sky Appraisers have the expertise to work with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Desert Sky Appraisers.

Special challenges might be present when dealing with owners of properties in foreclosure. They could be uncooperative to allowing an inspection of the house. If they moved out of the home already, they might have not taken care of the house for quite awhile - or unfortunately, caused damage to the property.

For real estate that has already changed to bank owned, you probably will be seeking an expedited disposition. Regardless, you'll still want to consider three angles for determining the value of the asset:

• As Repaired. Value with the work due to make the home marketable at full market value - in accordance with competing properties in the neighborhood
• As-is. The market value of the property without any repairs done to it
• Quick sale. With minimal investment in repairs - to offload the home quickly, most likely to someone inclined to finish the job themselves