Call Hillman Appraisal Services to order valuations regarding Pinal foreclosures

Foreclosure and REO Appraisal in Pinal County

Houses in foreclosure and houses that have gone back to the institution's possession present special appraisal difficulties.

You need to know the meanings of "market value" and a "quick disposition" price to analyze what losses you could have to endure when dealing with a house in foreclosure. At Hillman Appraisal Services, we have the experience in both furnishing snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that factor in your time constraints.

Hillman Appraisal Services has the expertise to handle the particular dynamics of a foreclosure appraisal. Contact Hillman Appraisal Services for a company you can rely on.

Particular challenges may be present when dealing with owners of properties in foreclosure. They could be opposed to allowing an inspection of the property. If they have abandoned the home already, they may have neglected care of the property for awhile - or worse, ransacked the house.

For real estate that has gone back to Real Estate Owned, you most likely will be interested in an expeditious resolution. In any case, you'll still want to consider three ways of figuring the value of the real estate at hand:

  • As Repaired. Value with the repairs necessary to make the home marketable at full market value - consistent with competing homes in the neighborhood
  • As-is. The value of the property without any repairs performed
  • Quick sale. Somewhere in between, with minimal investment in repairs - to sell the home quickly, likely to someone who'd rather finish the job themselves
Again, we understand your timeline and the specific situation of a Real Estate Owned property, as well as the unique information you'll need - competing listings, neighborhood trends, and so forth. You can bank on Hillman Appraisal Services to take on the task of your REO with expertise and professionalism. Contact us today.