Terry Brigham, SRA & Co., Inc. is the company you should trust when it comes to bank owned properties in Shelby County

You should understand the meanings of "market value" and a "quick disposition" value to analyze what losses you stand to realize when dealing with a house in foreclosure. At Terry Brigham, SRA & Co., Inc., we have the experience in both providing snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that consider your urgency.

	We have the training to work with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Terry Brigham, SRA & Co., Inc..

Owners of property in foreclosureunfortunately can present special challenges. For example, they could be disinclined to allow the appraiser access to the house. Often the properties have been vandalized, unfortunately by the residents. Or, it's likely you'll discover a house at a minimum abandoned or the home neglected for long periods of time.

For real estate that has already changed to bank owned, you most likely will want it off your hands as quickly as possible. In any case, you'll still want to consider three ways of determining the value of the subject property:

• As Repaired. Value with the work due to make the house marketable at full market value - comparable with other real estate in the area
• As-is. The market value of the home without any repairs performed
• Quick sale. With minimal investment in repairs - to offload the property quickly, probably to someone inclined to finish the job themselves