We are your source for Tucson REO and Forclosure Appraisals.

With the current state of the national economy there has been an influx of Bank Owned Properties and Foreclosures. Tucson Appraisals has actively been working with several companies providing valuations for, but not limited to:

Retroactive Appraisals

Retroactive drive bys

Pre-Foreclosures

Enhanced Reviews

Desk Reviews

and more.

In addition, Tucson Appraisals can assist you with Real Estate Owned appraisals (REO), Foreclosures, and Bankruptcies. Many banks, asset liquidators, buyout firms, and investors are now needing greater volume of damage assements and cost to cure appraisals.

For a property in foreclosure, Lenders may need to know the difference between fair market value and "quick disposition" value, to know their potential charge-off liability.

REO appraisals, although similar to market appraisals, deliver in-depth market analyses needed to determine how a bank or investor will liquidate a property. Banks and investors need to compare three values: As-is, as repaired, and "quick sale." These represent the value of the property without any work done to it, with the work required to make the property marketable to full market value commensurate with competing properties in the area, and, somewhere in-between, with minimal investment in repairs -- selling the property quickly, probably as a "fixer-upper."

Until recently, the number of REO appraisals were minimal; with the sub-prime fallout, and unemployement reaching record levels, lenders are permanently closing their doors around the country. It’s likely Tucson Appraisals will continue to see an increase in the number of REO appraisals. Call us today 520-495-0778 to see how we can assist you or click below!
We also accept faxes at 520-495-0787 or you can email your order to TucsonAppraisals@gmail.com,.

Order your REO appraisal online now.