Call WalshStreet  Appraisals when you need valuations regarding Los Angeles foreclosures

WalshStreet Appraisals is experienced when you need appraisals for foreclosures in Los Angeles County

Properties that have reverted to the institution's holding and homes in foreclosure create various appraisal challenges.

When there is a home in foreclosure, it's important to differentiate market value versus a "quick disposition" price to evaluate your potential charge-off liability. WalshStreet Appraisals has the training in both providing snapshots of market value for our mortgage originating clients, as well as "quick sale" forecasts that take into consideration your pressing needs.

You need a company with the training to deal with the particular dynamics of a foreclosure appraisal. For a company you can trust, contact WalshStreet Appraisals.

Owners of houses in foreclosure, naturally, can present specific challenges. For example, they could be uncooperative when it comes to allowing an inspection of the property. Often the homes show signs of vandalism, often by the residents. Or, it's likely you'll discover nobody has lived in house for months or the home languishing in disrepair for long periods of time.

For a property that has gone back to bank owned, you probably will be seeking a quick resolution. Regardless, you'll still want to consider three ways of looking at the value of the asset (or in some cases, liability):

  • As Repaired. Possible market value with the work called for to make the home marketable at full market value - commensurate with competing properties in the neighborhood
  • As-is. The value of the house without any work done to it
  • Quick sale. With minimal investment in repairs - to offload the property quickly, seemingly as a "fixer-upper"
Again, we understand your timeline and the specific circumstances of a Real Estate Owned property, as well as the specific data you will need - competing listings, neighborhood trends, and so forth. You can rely on WalshStreet Appraisals to take on the task of your bank owned property professionally and efficiently. Contact us today.