Call WalshStreet  Appraisals to order valuations pertaining to Los Angeles foreclosures

WalshStreet Appraisals is experienced when it comes to bank owned properties in Los Angeles, California

Properties that have gone back to the bank's ownership and properties in foreclosure present unique appraisal difficulties.

For a property in foreclosure, you would be wise to recognize the difference between the market value and a "quick disposition" value to know your possible charge-off liability. The professionals at WalshStreet Appraisals can provide both snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that take into consideration your time constraints.

WalshStreet Appraisals has the expertise to work with the unique dynamics of a foreclosure appraisal. Contact WalshStreet Appraisals for a company you can rely on.

Particular challenges can be present when dealing with owners of property in foreclosure. They may be disinclined to allow an inspection of the home. They may have moved out of the house already and/or overlooked the care of the property for some time - or worse, ransacked the property.

You will be interested in a fast disposition if the property has gone back to REO. So you might want to understand and compare 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 needed to make the home marketable at full market value - comparable with other properties in the neighborhood
  • With minimal investment in repairs - to offload the home quickly, seemingly as a "fixer-upper"
Again, we understand your time line and the specific circumstances of an REO home, in addition to the specific data you will need - competing listings, neighborhood trends, and the like. You can bank on WalshStreet Appraisals to take on the appraisal of your REO with expertise and professionalism. Contact us today.