Call WalshStreet  Appraisals when you need appraisals on Los Angeles foreclosures

REO and Foreclosure Appraisals in Los Angeles County

Homes that have gone back to the bank's holding and homes in foreclosure present various appraisal challenges.

For a home in foreclosure, you need to understand the difference between the market value and a "quick disposition" price to know your probable charge-off liability. WalshStreet Appraisals has the background in both presenting snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that respect your urgency.

We have the expertise to work with the specific dynamics of a foreclosure appraisal. Contact WalshStreet Appraisals for a company you can .

Specific challenges may be present when working with owners of properties in foreclosure. They could be unwilling to allow an inspection of the home. They may have left the home already and/or neglected care of the house for some time - or in some cases damaged the home.

You'll be interested in a quick disposition if the home has returned to Real Estate Owned. So you need to know about and review three values: "as-is", "as repaired", and "quick sale". These represent:

  • The value of the home without any repairs performed
  • Value with the work needed to make the property marketable at full market value - in accordance with competing houses in the neighborhood
  • Somewhere in between, with minor investment in repairs - to offload the home quickly, likely to someone who'd prefer to finish the job themselves
Again, we understand your timeline and the specific circumstances of a Real Estate Owned house, as well as the unique data you'll need - competing listings, neighborhood trends, and the like. You can count on WalshStreet Appraisals to take on the task of your REO with expertise and professionalism. Contact us today.