Call WalshStreet  Appraisals when you need appraisals for Los Angeles foreclosures

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

There are various appraisal difficulties involved in a property in foreclosure or one that has reverted to the financial institution's possession.

When there is a property in foreclosure, you should recognize market value versus a "quick disposition" assessment to analyze your likely charge-off liability. WalshStreet Appraisals has the training in both supplying snapshots of market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your time line.

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

Unique challenges can be present when working with owners of homes in foreclosure. They could be opposed to allowing an inspection of the home. If they moved out of the home already, they might have neglected care of the home for awhile - or even worse, caused damage to the home.

For a home that has already changed to bank owned, you probably will be interested in a quick resolution. However, you might want to understand and examine the concepts of "as-is", "as repaired", and "quick sale" values. These correspond to:

  • The value of the property without any repairs performed
  • Value with the repairs called for to make the house marketable at full market value - commensurate with similar homes in the area
  • Somewhere in between, with minimal investment in repairs - to get rid of the property quickly, probably to someone who'd rather finish the job themselves
Again, we understand your timeline and the special circumstances of an REO house, in addition to the special information you'll need - competing listings, market trends, and so forth. You can count on WalshStreet Appraisals to handle the appraisal of your REO professionally and efficiently. Contact us today.