Real Estate Owned and Foreclosure Appraisals in Los Angeles CountyThere are special appraisal challenges for a house in foreclosure or one that has gone back to the bank's control. You need to differentiate the difference between fair market value and "quick disposition" value to analyze your probable write-down liability when dealing with a property in foreclosure. At All City Appraisal, we have the experience in both providing snapshots of fair market value for our mortgage servicing clients, as well as "quick sale" forecasts that understand your timeline. All City Appraisal has the experience to work with the special dynamics of a foreclosure appraisal. For a company you can trust, contact All City Appraisal. Owners of houses in foreclosure, of course, can present particular challenges. They could be opposed to allowing an inspection of the property. They might have abandoned the property already and/or ignored the care of the house for quite some time - or in some cases intentionally harmed the house. If your home has already reverted to bank owned, you will interested in a fast disposition. But you might want to know about and compare three values: as-is, as repaired, and "quick sale." These symbolize the value of the house without any repairs done to it, with the repairs called for to make the property marketable at full market value comparable with the other real estate in the area, and, somewhere in between, with minor investment in repairs - selling the property quickly, probably to someone who'd prefer to finish the job themselves. Again, we understand your timeline and the special situation of an REO property, in addition to the unique data you'll need -- competing listings, market trends, and the like. You can count on All City Appraisal to handle the task of your REO professionally and efficiently. Contact us today. |