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Call WalshStreet  Appraisals when you need valuations on Los Angeles foreclosures

WalshStreet Appraisals is the company you should trust when you need appraisals for foreclosures in Los Angeles County

Properties in foreclosure and properties that have gone back to the financial institution's control present specific appraisal difficulties.

For a home in foreclosure, you should recognize the difference between market price and a "quick disposition" price to know your probable charge-off liability. At WalshStreet Appraisals, we have the background in both supplying snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that factor in your time line.

We have the training to work with the special dynamics of a foreclosure appraisal. For a company you can rely on, contact WalshStreet Appraisals.

Owners of properties in foreclosure, of course, can present special challenges: For example, they may be disinclined to allow an inspection of the house. If they abandoned the house already, they could have neglected care of the house for quite awhile - or worse, caused damage to the house.

For a home that has changed to bank owned, you most likely will want to get rid of it quickly. In any case, you'll still want to consider three angles for figuring the value of the asset:

  • As Repaired. Possible market value with the repairs required to make the house marketable at full market value - appropriate with other houses in the area
  • As-is. The value of the property without any repairs done to it
  • Quick sale. With minimal investment in repairs - to sell the property quickly, probably to someone inclined to finish the job themselves
Again, we understand your timeline and the unique situation of an REO home, as well as the specific information you'll need - competing listings, neighborhood trends, and the like. You can bank on WalshStreet Appraisals to handle the task of your REO professionally and efficiently. Contact us today.