Call Cotter Valuation Group to order valuations pertaining to Maricopa foreclosures

Cotter Valuation Group is the company you should trust when you need appraisals for bank owned properties in Maricopa County

Properties in foreclosure and properties that have reverted to the institution's holding present unique appraisal difficulties.

For a home in foreclosure, you need to recognize the gap between market value and a "quick disposition" price to know your potential charge-off liability. The professionals at Cotter Valuation Group can provide both snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into consideration your time constraints.

Cotter Valuation Group has the training to work with the unique dynamics of a foreclosure appraisal. Contact Cotter Valuation Group for a company you can count on.

Owners of property in foreclosure, naturally, can present specific challenges: For example, they might be combative when it comes to allowing an inspection of the home. Sometimes the properties have been vandalized, unfortunately at the hands of the residents. Or, it's common to discover a house at least abandoned or the home neglected for extended periods of time.

For real estate that has already gone back to REO, you probably will want to get rid of it quickly. Regardless, you'll still want to consider three ways of determining the value of the real estate at hand:

  • As Repaired. Possible market value with the repairs needed to make the property marketable at full market value - in accordance with similar homes in the area
  • As-is. The value of the house without any work done to it
  • Quick sale. With minor investment in repairs - to sell the property quickly, probably to someone who'd prefer to finish the job themselves
Again, we understand your time line and the unique circumstances of a Real Estate Owned property, as well as the specific data you will need - competing listings, market trends, and the like. You can count on Cotter Valuation Group to handle the appraisal of your REO professionally and efficiently. Contact us today.