WalshStreet Appraisals is experienced when you need appraisals for foreclosures in Los Angeles
Properties that have returned to the financial institution's possession and houses in foreclosure create particular appraisal challenges.
When there is a house in foreclosure, it's important to understand the difference between fair market price and "quick disposition" price to evaluate your likely charge-off liability. At WalshStreet Appraisals, we have the training in both furnishing snapshots of fair market value for our mortgage lending clients, in addition to "quick sale" forecasts that understand your urgency.
You need a company who has the expertise to work with the specific dynamics of a foreclosure appraisal. For a company you can rely on, contact WalshStreet Appraisals.
Special challenges may be present when working with owners of houses in foreclosure. They could be uncooperative to allowing an inspection of the home. If they moved out of the home already, they might have neglected care of the home for quite awhile - or unfortunately, ransacked the home.
If your house has reverted to bank owned, you will interested in an expeditious disposition. However, you might want to know and review three values: as-is, as repaired, and "quick sale." These symbolize the value of the property without any work performed, with the repairs needed to make the house marketable at full market value comparable with the other homes in the area, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, seemingly as a "fixer-upper". Again, we understand your urgency and the specific situation of a bank owned home, as well as the special data you'll need -- competing listings, neighborhood trends, and so forth. You can rely on WalshStreet Appraisals to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.