WalshStreet Appraisals is experienced when you need appraisals for bank owned properties in Los Angeles
Properties that have gone back to the institution's possession and properties in foreclosure create various appraisal difficulties.
For a home in foreclosure, you need to know the gap between the fair market worth and "quick disposition" price to know your likely charge-off liability. At WalshStreet Appraisals, we have the experience in both furnishing snapshots of fair market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that understand your timeline.
You need a company with the experience to handle the specific dynamics of a foreclosure appraisal. Contact WalshStreet Appraisals for a company you can trust.
Owners of houses in foreclosure, of course, can present particular challenges. They may be unwilling to allow an inspection of the home. If they deserted the house already, they could have neglected care of the property for quite some time - or worse, damaged the property.
If your house has already gone back to bank owned, you will interested in a quick disposition. However, you may want to know about and examine three values: as-is, as repaired, and "quick sale." These correspond to the value of the house without any repairs performed, with the work required to make the property marketable at full market value corresponding with similar properties in the neighborhood, and, somewhere in between, with minimal investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your timeline and the specific circumstances of a Real Estate Owned home, in addition to the unique data you'll need -- competing listings, market trends, and the like. You can count on WalshStreet Appraisals to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.