WalshStreet Appraisals is a company you can trust when you need appraisals for foreclosures in Los Angeles
Properties in foreclosure and properties that have reverted to the lender's possession bring forth unique appraisal problems.
For a property in foreclosure, you should know the difference between the fair market price and "quick disposition" worth to know your possible charge-off liability. We can provide both snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your time line.
We have the experience to deal with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact WalshStreet Appraisals.
Occupants of dwellings in foreclosure may be opposed to allowing an inspection of the house, thus presenting specific challenges. They may have deserted the home already and/or overlooked the care of the property for quite some time - or worse, caused damage to the property.
If your house has already reverted to Real Estate Owned, you will interested in a fast disposition. However, you may want to know about and examine three values: as-is, as repaired, and "quick sale." These represent the worth of the home without any repairs performed, with the work necessary to make the property marketable at full market value commensurate with similar homes in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, likely to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the specific circumstances of a bank owned property, as well as the specific data you'll need -- competing listings, neighborhood trends, and so forth. You can count on WalshStreet Appraisals to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.