Heartland Appraisal Services is the company you should trust when you need appraisals for bank owned properties in Marion County

It's important to differentiate the meanings of "market value" and a "quick disposition" assessment to analyze what losses you might realize when dealing with a property in foreclosure. At Heartland Appraisal Services, we have the training in both presenting snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that factor in your urgency.

	Heartland Appraisal Services has the expertise to handle the special dynamics of a foreclosure appraisal. For a company you can count on, contact Heartland Appraisal Services.

Unique challenges might be present when dealing with owners of property in foreclosure. They might be opposed to allowing an inspection of the home. They could have abandoned the house already and/or ignored the care of the home for quite awhile - or in some cases ransacked the house.

For a property that has reverted to REO, you probably will be interested in an expedited disposition. In any case, you'll still want to consider three angles for determining the value of the asset (or in some cases, liability):

• As Repaired. Possible market value with the repairs called for to make the house marketable at full market value - in accordance with similar houses in the area
• As-is. The value of the house without any repairs performed
• Quick sale. Somewhere in between, with minimal investment in repairs - to sell the property quickly, seemingly to someone who'd rather finish the job themselves