Shamrock Appraisals, Inc. is experienced when it comes to foreclosures in Tuscaloosa
There are various appraisal difficulties when it comes to a home in foreclosure or one that has returned to the lender's possession.
When there is a home in foreclosure, it's important to ascertain the difference between fair market price and "quick disposition" value to evaluate your probable charge-off liability. At Shamrock Appraisals, Inc., we have the background in both presenting snapshots of fair market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time constraints.
The professionals at Shamrock Appraisals, Inc. have the training to deal with the specific dynamics of a foreclosure appraisal. Contact Shamrock Appraisals, Inc. for a company you can trust.
Specific challenges might be present when working with owners of property in foreclosure. They might be uncooperative to allowing an inspection of the home. They might have left the house already and/or neglected care of the home for awhile - or even worse, intentionally harmed the property.
If your home has already reverted to bank owned, you will interested in an expeditious disposition. However, you may want to understand and examine three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any work performed, with the work needed to make the house marketable at full market value comparable with the other properties in the area, and, somewhere in between, with minimal investment in repairs - selling the property quickly, most likely to someone inclined to finish the job themselves. Again, we understand your urgency and the special situation of a bank owned home, in addition to the special information you'll need -- competing listings, market trends, and so forth. You can count on Shamrock Appraisals, Inc. to take on the task of your bank owned property professionally and efficiently. Contact us today.