Owners of in foreclosure may be disinclined to allow an inspection of the property, thus presenting unique challenges. They might have deserted the property already and/or ignored the care of the home for some time - or gone as far as damaged the house.

For a home that has already reverted to Real Estate Owned, you most likely will want it off your hands as quickly as possible . However, you may want to know and compare three values: as-is, as repaired, and "quick sale." These correspond to the worth of the home without any work done to it, with the work required to make the property marketable at full market value consistent with competing properties in the area, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, seemingly to someone who'd rather finish the job themselves. Again, we understand your urgency and the special circumstances of a bank owned house, as well as the special data you will need -- competing listings, neighborhood trends, and the like. You can count on Phoenix Valuations, LLC to take on the appraisal of your REO with expertise and professionalism. Contact us today.