Shamrock Appraisals, Inc. is experienced when it comes to foreclosures in Tuscaloosa CountyHouses that have gone back to the financial institution's possession and houses in foreclosure present specific appraisal problems.
For a property in foreclosure, you need to know the gap between the market value and a "quick disposition" price to know your likely charge-off liability. Shamrock Appraisals, Inc. has the experience in both providing snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that respect your urgency.
Owners of houses in foreclosure could be uncooperative to allowing an inspection of the property, thus presenting specific challenges. They might have abandoned the house already and/or overlooked the care of the house for quite some time - or unfortunately, intentionally harmed the property.
You'll be interested in a quick disposition if the property has already reverted to Real Estate Owned. So you may want to understand and review three values: "as-is", "as repaired", and "quick sale". These represent: