Foreclosure and REO Appraisal in Tuscaloosa CountyProperties that have gone back to the institution's ownership and houses in foreclosure bring forth special appraisal challenges. For a house in foreclosure, you might need to know the difference between the fair market value and "quick disposition" value to know your possible charge-off liability. We can provide both snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that take into consideration your time constraints. You need a company who has the expertise to deal with the particular dynamics of a foreclosure appraisal. For a company you can count on, contact Shamrock Appraisals, Inc.. Owners of homes in foreclosure, of course, can present particular challenges. They may be disinclined to allow an inspection of the home. They could have moved out of the house already and/or overlooked the care of the house for quite some time - or unfortunately, caused damage to the home. You'll be interested in an expeditious disposition if the property has already returned to bank owned. So you may want to know about and analyze three values: as-is, as repaired, and "quick sale." These symbolize the worth of the home without any repairs performed, with the work required to make the house marketable at full market value comparable with the other real estate in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, likely as a "fixer-upper". Again, we understand your time line and the special circumstances of a bank owned home, as well as the special information you will need -- competing listings, neighborhood trends, and the like. You can count on Shamrock Appraisals, Inc. to take on the task of your bank owned property with expertise and professionalism. Contact us today. |