First Choice Appraisal Services, Inc. is experienced when it comes to bank owned properties in Lake Worth, Florida

For a house in foreclosure, you would be wise to understand the gap between market and a "quick disposition" to know your likely charge-off liability. At First Choice Appraisal Services, Inc., we have the training in both presenting snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your time line.

	First Choice Appraisal Services, Inc. has the training to work with the unique dynamics of a foreclosure appraisal. Contact First Choice Appraisal Services, Inc. for a company you can trust.

Occupants of houses in foreclosure might be opposed to allowing an inspection of the house, thus presenting unique challenges. Sometimes the subjects have been ransacked, often at the hands of the former residents. Or, it's likely you'll discover nobody has lived in house for months or the home languishing in disrepair for long periods of time.

For a home that has changed to bank owned, you likewise will be interested in a fast disposition. Regardless, you'll still want to consider three ways of figuring the value of the subject property:

• As Repaired. Value with the work due to make the house marketable at full market value - commensurate with other houses in the area
• As-is. The market value of the house without any repairs performed
• Quick sale. Somewhere in the middle, with minimal investment in repairs - to offload the property quickly, seemingly to someone who'd prefer to finish the job themselves