Call WalshStreet  Appraisals when you need appraisals pertaining to Los Angeles foreclosures

WalshStreet Appraisals is the company you should trust when it comes to foreclosures in Los Angeles County

Properties that have returned to the financial institution's control and homes in foreclosure bring forth unique appraisal problems.

For a house in foreclosure, you definitely need to recognize the difference between the market value and a "quick disposition" assessment to know your possible charge-off liability. At WalshStreet Appraisals, we have the knowledge in both producing snapshots of market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that consider your urgency.

You need a company with the qualifications to work with the specific dynamics of a foreclosure appraisal. Contact WalshStreet Appraisals for a company you can trust.

Owners of properties in foreclosure, of course, can present special challenges: For example, they may be uncooperative when it comes to allowing an inspection of the house. Often the properties have been ransacked, often by the former residents themselves. Or, it's likely you'll find the previous owners have moved out or the home neglected for long periods of time.

For a house that has already gone back to Real Estate Owned, you probably will be going for an expedited disposition. Regardless, you'll still want to consider three angles for looking at the value of the subject property:

  • As Repaired. Value with the repairs required to make the property marketable at full market value - in accordance with other properties in the neighborhood
  • As-is. The value of the home without any repairs done to it
  • Quick sale. Somewhere in between, with minor investment in repairs - to get rid of the property quickly, most likely as a "fixer-upper"
Again, we understand your urgency and the unique circumstances of a bank owned home, in addition to the special data you will need - competing listings, neighborhood trends, and the like. You can bank on WalshStreet Appraisals to handle the task of your bank owned property with expertise and professionalism. Contact us today.