Foreclosure and Real Estate Owned Appraisals in Lee County
Homes that have gone back to the financial institution's ownership and homes in foreclosure bring forth unique appraisal difficulties.
For a home in foreclosure, you need to recognize the difference between fair market worth and "quick disposition" price to know your probable charge-off liability. The professionals at MARC ANTHONY GIZZI APPRAISAL & CONSULTING can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into consideration your time line.
MARC ANTHONY GIZZI APPRAISAL & CONSULTING has the experience to work with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact MARC ANTHONY GIZZI APPRAISAL & CONSULTING.
Special challenges can be present when dealing with owners of houses in foreclosure. They could be uncooperative to allowing an inspection of the home. They may have abandoned the home already and/or overlooked the care of the house for quite awhile - or unfortunately, vandalized the home.
If your house has already reverted to Real Estate Owned, you will interested in a speedy disposition. But you may want to know about and compare three values: as-is, as repaired, and "quick sale." These correspond to the value of the property without any repairs performed, with the work needed to make the property marketable at full market value consistent with the other houses in the neighborhood, and, somewhere in the middle, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your urgency and the specific situation of an REO home, in addition to the unique data you will need -- competing listings, market trends, and the like. You can rely on MARC ANTHONY GIZZI APPRAISAL & CONSULTING to handle the appraisal of your REO with expertise and professionalism. Contact us today.
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