Call WalshStreet  Appraisals when you need valuations for Los Angeles foreclosures

Foreclosure and Real Estate Owned Appraisals in Los Angeles County

There are special appraisal challenges involved in a home in foreclosure or one that has gone back to the lender's control.

For a home in foreclosure, you need to know the difference between the market price and a "quick disposition" assessment to know your potential charge-off liability. WalshStreet Appraisals has the training in both providing snapshots of market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your time constraints.

You need a company who has the expertise to deal with the unique dynamics of a foreclosure appraisal. For a company you can count on, contact WalshStreet Appraisals.

Owners of homes in foreclosure can present special challenges. They may be combative when it comes to allowing the appraiser access to the home. They could have abandoned the house already and/or overlooked the care of the house for some time - or unfortunately, caused damage to the property.

For a home that has already returned to Real Estate Owned, you typically will want it off your hands as quickly as possible. Regardless, you'll still want to consider three ways of determining the value of the subject property:

  • As Repaired. Possible market value with the work due to make the house marketable at full market value - appropriate with similar homes in the neighborhood
  • As-is. The market value of the house without any repairs done to it
  • Quick sale. With minimal investment in repairs - to get rid of the home quickly, seemingly as a "fixer-upper"
Again, we understand your timeline and the special circumstances of a Real Estate Owned property, in addition to the unique information you will need - competing listings, market trends, and the like. You can bank on WalshStreet Appraisals to handle the task of your bank owned property professionally and efficiently. Contact us today.