MFK Appraisals is experienced when you need appraisals for foreclosures in Gila, Navajo and Coconino CountiesProperties in foreclosure and houses that have returned to the financial institution's possession bring forth particular appraisal challenges. When dealing with a home in foreclosure, you should differentiate the difference between fair market price and "quick disposition" value to evaluate your probable charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your timeline. MFK Appraisals has the training to handle the unique dynamics of a foreclosure appraisal. Contact MFK Appraisals for a company you can count on. Owners of homes in foreclosure, of course, can present particular challenges. They could be unwilling to allow an inspection of the home. They may have deserted the home already and/or ignored the care of the house for some time - or gone as far as intentionally harmed the property. You'll be interested in an expedited disposition if the home has already reverted to bank owned. So you need to know about and review three values: as-is, as repaired, and "quick sale." These represent the value of the property without any repairs done to it, with the repairs due to make the house marketable at full market value consistent with the other homes in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your timeline and the unique situation of a Real Estate Owned property, as well as the special information you will need -- competing listings, neighborhood trends, and so forth. You can rely on MFK Appraisals to handle the appraisal of your REO professionally and efficiently. Contact us today. |