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Call Vanguard Valuations when you need valuations for Los Angeles foreclosures

Foreclosure and Real Estate Owned Appraisals in Los Angeles County

Houses that have reverted to the institution's holding and properties in foreclosure bring forth unique appraisal challenges.

For a property in foreclosure, you would be wise to recognize the difference between the market price and a "quick disposition" to know your likely charge-off liability. At Vanguard Valuations, we have the background in both supplying snapshots of market value for our mortgage originating clients, in addition to "quick sale" forecasts that understand your time line.

The professionals at Vanguard Valuations have the experience to handle the special dynamics of a foreclosure appraisal. Contact Vanguard Valuations for a company you can rely on.

Owners of dwellings in foreclosure may be disinclined to allow an inspection of the house, thus presenting special challenges. They might have left the home already and/or neglected care of the home for some time - or in some cases caused damage to the property.

For a house that has reverted to REO, you typically will want it off your hands as quickly as possible. However, you may want to understand and analyze the concepts of "as-is", "as repaired", and "quick sale" values. These represent:

  • The value of the property without any work performed
  • Value with the repairs needed to make the property marketable at full market value - consistent with similar homes in the area
  • With minimal investment in repairs - to get rid of the property quickly, seemingly as a "fixer-upper"
Again, we understand your timeline and the special situation of a Real Estate Owned property, as well as the specific data you will need - competing listings, market trends, and the like. You can rely on Vanguard Valuations to handle the appraisal of your REO professionally and efficiently. Contact us today.