Shamrock Appraisals, Inc. is experienced when you need appraisals for bank owned properties in Tuscaloosa
Homes that have gone back to the bank's ownership and homes in foreclosure present various appraisal difficulties.
When dealing with a property in foreclosure, you need to recognize the difference between fair market price and "quick disposition" price to evaluate your probable charge-off liability. The professionals at Shamrock Appraisals, Inc. can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your timeline.
We have the expertise to work with the particular dynamics of a foreclosure appraisal. Contact Shamrock Appraisals, Inc. for a company you can rely on.
Owners of houses in foreclosure, of course, can present specific challenges. They might be unwilling to allow an inspection of the house. If they moved out of the property already, they could have neglected care of the house for quite awhile - or unfortunately, caused damage to the house.
If your property has returned to Real Estate Owned, you will interested in a fast disposition. However, you may want to understand and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the home without any repairs done to it, with the work necessary to make the property marketable at full market value corresponding with competing houses in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, probably as a "fixer-upper". Again, we understand your urgency and the special circumstances of an REO home, as well as the specific data you'll need -- competing listings, market trends, and the like. You can rely on Shamrock Appraisals, Inc. to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.