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

Foreclosure and REO Appraisals in Los Angeles County

Real Estate in foreclosure and properties that have returned to the bank's control create unique appraisal challenges.

You should differentiate the meanings of "market value" and a "quick disposition" assessment to know what losses you could realize when dealing with a property in foreclosure. All City Appraisal has the background in both presenting snapshots of market value for our mortgage lending clients, as well as "quick sale" forecasts that understand your urgency.

All City Appraisal has the training to work with the unique dynamics of a foreclosure appraisal. For a company you can trust, contact All City Appraisal.

Owners of houses in foreclosure, naturally, can present specific challenges. They could be disinclined to allow an inspection of the home. They might have moved out of the house already and/or overlooked the care of the home for awhile - or gone as far as vandalized the home.

For a house that has already changed to Real Estate Owned, you probably will want it off your hands as quickly as possible. However, you may want to know about and examine the meanings of "as-is", "as repaired", and "quick sale" values. These represent:

  • The value of the home without any repairs performed
  • Value with the work necessary to make the property marketable at full market value - consistent with other homes in the neighborhood
  • Somewhere in the middle, with minor investment in repairs - to get rid of the property quickly, possibly as a "fixer-upper"
Again, we understand your timeline and the special circumstances of an REO property, as well as the unique data you'll need - competing listings, neighborhood trends, and so forth. You can count on All City Appraisal to handle the task of your bank owned property with expertise and professionalism. Contact us today.

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Today's Rates

Mtg Loan Rate APR
30-yr Fixed 3.9% 4.03%
15-yr Fixed 3.17% 3.34%
1-yr Adj 2.74% 3.4%
* national averages