WalshStreet Appraisals is a company you can trust when it comes to bank owned properties in Los Angeles
Properties that have gone back to the institution's holding and houses in foreclosure bring forth unique appraisal difficulties.
You need to ascertain the difference between fair market value and "quick disposition" worth to evaluate your probable charge-off liability when dealing with a home in foreclosure. WalshStreet Appraisals has the training in both producing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that take into consideration your timeline.
You need a company with the expertise to deal with the special dynamics of a foreclosure appraisal. For a company you can count on, contact WalshStreet Appraisals.
Owners of houses in foreclosure, of course, can present particular challenges. They may be disinclined to allow an inspection of the property. They might have abandoned the house already and/or neglected care of the property for some time - or gone as far as ransacked the house.
If your home has already returned to Real Estate Owned, you will interested in an expeditious disposition. But you might want to know about and examine three values: as-is, as repaired, and "quick sale." These symbolize the worth of the house without any work performed, with the work due to make the property marketable at full market value commensurate with competing real estate in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, possibly to someone who'd rather finish the job themselves. Again, we understand your time line and the unique situation of a Real Estate Owned house, as well as the special information you will need -- competing listings, neighborhood trends, and so forth. You can rely on WalshStreet Appraisals to handle the task of your REO with expertise and professionalism. Contact us today.