Shamrock Appraisals, Inc. is experienced when it comes to bank owned properties in TuscaloosaThere are various appraisal challenges involved in a home in foreclosure or one that has reverted to the lender's control. You need to recognize the difference between fair market value and "quick disposition" price to know what losses you could realize when dealing with a home in foreclosure. Shamrock Appraisals, Inc. has the knowledge in both presenting snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that take into consideration your urgency. The professionals at Shamrock Appraisals, Inc. have the qualifications to work with the unique dynamics of a foreclosure appraisal. Contact Shamrock Appraisals, Inc. for a company you can rely on. Owners of homes in foreclosure, of course, can present special challenges. They might be unwilling to allow an inspection of the home. If they left the house already, they may have neglected care of the home for some time - or worse, caused damage to the home. You'll be interested in an expeditious disposition if the house has already gone back to REO. So you need to know and examine three values: as-is, as repaired, and "quick sale." These correspond to the worth of the property without any repairs done to it, with the repairs due to make the house marketable at full market value corresponding with similar real estate in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your time line and the special circumstances of an REO property, as well as the special information you'll need -- competing listings, market trends, and the like. You can bank on Shamrock Appraisals, Inc. to take on the task of your bank owned property with expertise and professionalism. Contact us today. |