Call GIZZI APPRAISAL SERVICE INC. when you need appraisals of Lee foreclosures

REO Appraisal in Lee County

There are specific appraisal problems involved in a home in foreclosure or one that has reverted to the institution's possession.

For a home in foreclosure, you would be wise to understand the gap between market price and a "quick disposition" assessment to know your possible charge-off liability. GIZZI APPRAISAL SERVICE INC. has the training in both supplying snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that respect your time line.


	We have the qualifications to deal with the particular dynamics of a foreclosure appraisal. Contact GIZZI APPRAISAL SERVICE INC. for a company you can .

Specific challenges can be present when working with owners of houses in foreclosure. They may be unwilling to allow an inspection of the house. If they have abandoned the house already, they could have neglected care of the property for awhile - or even worse, damaged the property.

For a house that has already reverted to Real Estate Owned, you likewise will be seeking an expeditious disposition. In any case, you'll still want to consider three angles for figuring the value of the asset:

As Repaired. Possible market value with the work called for to make the home marketable at full market value - in accordance with other real estate in the neighborhood

As-is. The value of the home without any repairs done to it

Quick sale. With minimal investment in repairs - to offload the home quickly, likely to someone who'd prefer to finish the job themselves

Again, we understand your urgency and the special situation of a bank owned home, as well as the special information you'll need - competing listings, neighborhood trends, and so forth. You can rely on GIZZI APPRAISAL SERVICE INC. to handle the appraisal of your bank owned property professionally and efficiently. Contact us today.