Homes in foreclosure and those that have reverted to the lender’s ownership present special appraisal challenges, including determining the difference between fair market value and a quick disposition value. Properties in foreclosure can also have unique issues, such as the homeowner being unwilling to allow an inspection of the house. If it has already been abandoned, the owner may have overlooked the care of the home (or it may have been vandalized), resulting in extensive deferred maintenance in order for the property to be marketable. The special circumstances of a lender-owned house necessitate a valuation performed by a seasoned appraisal professional.