All City Appraisal is a company you can trust when you need appraisals for foreclosures in Woodland Hills
Homes that have returned to the institution's holding and properties in foreclosure bring forth unique appraisal problems.
For a property in foreclosure, you might need to understand the difference between fair market price and "quick disposition" to know your potential charge-off liability. We can provide both snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that respect your time constraints.
We have the training to deal with the specific dynamics of a foreclosure appraisal. For a company you can trust, contact All City Appraisal.
Occupants of houses in foreclosure may be opposed to allowing an inspection of the house, thus presenting specific challenges. They might have left the house already and/or ignored the care of the property for quite some time - or in some cases ransacked the home.
For a property that has changed to bank owned, you most likely will be going for an expeditious resolution . But you might want to know about and review three values: as-is, as repaired, and "quick sale." These represent the value of the house without any repairs performed, with the work necessary to make the property marketable at full market value comparable with the other houses in the neighborhood, and, somewhere in between, with minor investment in repairs - selling the property quickly, possibly as a "fixer-upper". Again, we understand your timeline and the special circumstances of a bank owned home, in addition to the special information you will need -- competing listings, neighborhood trends, and the like. You can rely on All City Appraisal to take on the appraisal of your REO with expertise and professionalism. Contact us today.