Call WalshStreet  Appraisals to order valuations regarding Los Angeles foreclosures

Foreclosure and Real Estate Owned Appraisal in Los Angeles County

There are special appraisal challenges regarding a home in foreclosure or one that has reverted to the lender's control.

For a house in foreclosure, you need to know the gap between market price and a "quick disposition" value to know your possible charge-off liability. WalshStreet Appraisals has the training in both furnishing snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that take into consideration your time constraints.

You need a company who has the qualifications to work with the particular dynamics of a foreclosure appraisal. For a company you can rely on, contact WalshStreet Appraisals.

Occupants of houses in foreclosure might be uncooperative to allowing an inspection of the property, thus presenting unique challenges. They might have left the property already and/or overlooked the care of the property for awhile - or gone as far as intentionally harmed the home.

If you're dealing with property that has reverted to Real Estate Owned, you will interested in a fast disposition. But you may want to know and examine three values: as-is, as repaired, and "quick sale". These symbolize:

  • The value of the house without any repairs done to it
  • Value with the work necessary to make the house marketable at full market value - appropriate with competing properties in the neighborhood
  • Somewhere in the middle, with minimal investment in repairs - to offload the property quickly, most likely as a "fixer-upper"
Again, we understand your time line and the special situation of an REO property, in addition to the specific information you will need - competing listings, market trends, and so forth. You can count on WalshStreet Appraisals to handle the task of your bank owned property with expertise and professionalism. Contact us today.