![]() Shamrock Appraisals, Inc. is a company you can trust when it comes to bank owned properties in TuscaloosaThere are special appraisal problems for a house in foreclosure or one that has gone back to the bank's ownership. When there is a property in foreclosure, it's important to recognize the difference between fair market value and "quick disposition" price to analyze your possible charge-off liability. Shamrock Appraisals, Inc. has the training in both presenting snapshots of fair market value for our mortgage originating clients, as well as "quick sale" forecasts that understand your urgency. You need a company with the expertise to deal with the specific dynamics of a foreclosure appraisal. For a company you can count on, contact Shamrock Appraisals, Inc.. Owners of property in foreclosure could be unwilling to allow an inspection of the property, thus presenting specific challenges. If they abandoned the home already, they may have ignored the care of the home for a long time - or even worse, caused damage to the home. If your property has already gone back to REO, you will interested in an expeditious disposition. But you may want to know and examine three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any repairs done to it, with the work called for to make the home marketable at full market value commensurate with similar real estate in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, probably to someone inclined to finish the job themselves. Again, we understand your urgency and the unique situation of an REO property, as well as the special data you'll need -- competing listings, market trends, and so forth. You can rely on Shamrock Appraisals, Inc. to handle the appraisal of your REO with expertise and professionalism. Contact us today. |