Call All City Appraisal to order valuations on Los Angeles foreclosures

All City Appraisal is the company you should trust when you need appraisals for bank owned properties in Woodland Hills, California

There are particular appraisal difficulties for a home in foreclosure or one that has returned to the bank's ownership.

When there is a home in foreclosure, it's important to know market value versus a "quick disposition" assessment to know your potential charge-off liability. At All City Appraisal, we have the training in both producing snapshots of market value for our mortgage lending and servicing clients, in addition to "quick sale" forecasts that consider your pressing needs.

We have the experience to handle the specific dynamics of a foreclosure appraisal. Contact All City Appraisal for a company you can count on.

Specific challenges may be present when working with owners of properties in foreclosure. They might be disinclined to allow an inspection of the property. Sometimes the homes show signs of vandalism, unfortunately by the former residents themselves. Or, it's likely you'll discover a house at least abandoned or the home languishing in disrepair for long periods of time.

If you're dealing with property that has gone back to Real Estate Owned, you will interested in a fast disposition. However, you may want to understand and examine three values: as-is, as repaired, and "quick sale". These represent:

  • The value of the property without any repairs performed
  • Value with the repairs required to make the house marketable at full market value - appropriate with similar properties in the neighborhood
  • With minor investment in repairs - to get rid of the property quickly, probably as a "fixer-upper"
Again, we understand your urgency and the specific circumstances of a bank owned property, as well as the special data you will need - competing listings, neighborhood trends, and the like. You can bank on All City Appraisal to take on the appraisal of your bank owned property professionally and efficiently. Contact us today.

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Today's Rates

Mtg Loan Rate APR
30-yr Fixed 3.89% 4.02%
15-yr Fixed 3.16% 3.33%
1-yr Adj 2.74% 3.4%
* national averages