Murphy Appraisal Group, LLC is the company you should trust when it comes to bank owned properties in Houston, Texas

For a house in foreclosure, you need to understand the difference between market and a "quick disposition" assessment to know your probable charge-off liability. At Murphy Appraisal Group, LLC, we have the experience in both presenting snapshots of market value for our mortgage lending and servicing clients, as well as "quick sale" forecasts that consider your urgency.

	You need a company with the training to handle the specific dynamics of a foreclosure appraisal. For a company you can trust, contact Murphy Appraisal Group, LLC.

Occupants of property in foreclosure may be uncooperative to allowing an inspection of the home, thus presenting specific challenges. They may have moved out of the home already and/or ignored the care of the house for some time - or gone as far as damaged the property.

For a home that has already returned to REO, you likewise will be seeking an expedited resolution. Regardless, you'll still want to consider three ways of figuring the value of the real estate at hand:

• As Repaired. Value with the work due to make the house marketable at full market value - consistent with other houses in the neighborhood
• As-is. The market value of the home without any work done to it
• Quick sale. With minimal investment in repairs - to get rid of the property quickly, most likely to someone inclined to finish the job themselves