R. Scott Pierce Appraisal Services is the company you should trust when you need appraisals for bank owned properties in south Mississippi

Properties that have returned to the financial institution's ownership and properties in foreclosure bring forth special appraisal difficulties.

It's vital to understand the meanings of fair market price and a "quick disposition" value to know your likely write-down liability when dealing with a property in foreclosure. R. Scott Pierce Appraisal Services has the background in both presenting snapshots of fair market value for our mortgage lending clients, as well as "quick sale" forecasts that take into account your urgency.

	The professionals at R. Scott Pierce Appraisal Services have the experience to work with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact R. Scott Pierce Appraisal Services.

Owners of homes in foreclosure might be unwilling to allow an inspection of the house, thus presenting special challenges. They could have left the house already and/or ignored the care of the property for some time - or in some cases caused damage to the property.

You will be interested in an expeditious disposition if the home has changed to Real Estate Owned. So you need to know about and compare three values: "as-is", "as repaired", and "quick sale". These symbolize:

• The worth of the home without any repairs performed
• Possible worth with the repairs due to make the property marketable at full market value - consistent with similar homes in the neighborhood
• Somewhere in between, with minimal investment in repairs - to sell the home quickly, likely to someone who'd rather finish the job themselves