Call All City Appraisal when you need valuations on Los Angeles foreclosures

All City Appraisal is experienced when it comes to bank owned properties in Los Angeles

There are specific appraisal problems involved in a property in foreclosure or one that has reverted to the financial institution's ownership.

It's vital to differentiate the difference between fair market price and "quick disposition" price to analyze what losses you could have to endure when dealing with a house in foreclosure. At All City Appraisal, we have the training in both furnishing snapshots of fair market value for our mortgage servicing clients, in addition to "quick sale" forecasts that understand your urgency.

The professionals at All City Appraisal have the training to deal with the unique dynamics of a foreclosure appraisal. Contact All City Appraisal for a company you can rely on.

Occupants of homes in foreclosure may be unwilling to allow an inspection of the house, thus presenting specific challenges. Sometimes the homes have been vandalized, unfortunately at the hands of the former residents themselves. Or, it's common to discover the families have moved out or the home neglected for long of time.

If your house has already gone back to bank owned, you will interested in a quick disposition. But you may want to understand and analyze three values: as-is, as repaired, and "quick sale." These correspond to the worth of the house without any repairs done to it, with the work due to make the home marketable at full market value corresponding with competing houses in the neighborhood, and, somewhere in the middle, with minor investment in repairs - selling the property quickly, most likely as a "fixer-upper". Again, we understand your urgency and the specific situation of an REO house, as well as the specific data you will need -- competing listings, neighborhood trends, and so forth. You can rely on All City Appraisal to handle the appraisal of your bank owned property with expertise and professionalism. Contact us today.

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