REO and Foreclosure Appraisals in Harris County

For a house in foreclosure, you need to recognize the difference between the market value and a "quick disposition" to know your probable charge-off liability. MCA Real Estate Services Inc. has the knowledge in both furnishing snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your urgency.

	You need a company with the training to work with the particular dynamics of a foreclosure appraisal. Contact MCA Real Estate Services Inc. for a company you can .

Specific challenges might be present when working with owners of houses in foreclosure. They might be opposed to allowing an inspection of the home. They may have moved out of the property already and/or ignored the care of the house for quite some time - or gone as far as vandalized the house.

For real estate that has gone back to REO, you most likely will be going for an expedited disposition. Regardless, you'll still want to consider three ways of determining the value of the subject property:

• As Repaired. Value with the repairs called for to make the house marketable at full market value - appropriate with similar homes in the neighborhood
• As-is. The value of the property without any repairs done to it
• Quick sale. With minimal investment in repairs - to offload the property quickly, probably as a "fixer-upper"