Appraisals for Bankruptcy
We're here to help! We offer fast efficient bankruptcy appraisals to you or your counsel in as little as 24 hours after inspection if necessary with potentially same day inspections. We've reduced our rates due to the demand and the need for our service at this difficult time in the economy.
Here are some statistics we're facing below:
If you fit in one of these categories, you are probably heading toward making one of the hardest decisions in your life. Do I declare bankruptcy or not? Considering the statistics above you are not alone and we are here to help!
Bankruptcy rates across the nation are up by 30%
Protection of your home is critical and of all the important steps to take you must ensure you have an accurate valuation of your home.
There are many forms of valuation including automated valuation models (AVM's), Desktop Appraisal or Drive-by Appraisal, a BPO (broker price opinion), a CMA (comparative market analysis) or a free online value service such as Zillow. You can spend little to no money getting results, however, none of these will be worth their weight in a court of law!
The key in a bankruptcy proceeding, particularly when the difference between a chapter 7 or 13 is the credibility. Because the trustee and/or the judge will be the final arbiter, credibility of the appraiser/valuer and his or her appraisal is of the utmost importance. This credibility is often dependent upon the type of valuation reporting format utilized as well as the experience and reputation of the appraiser.
Typically, the judge wants to see a full appraisal completed by a state certified residential appraiser. An appraiser must be certified by the state in which they are appraising and are obligated to follow certain laws, rules and regulations (USPAP). Having a full interior appraisal to present to the trustee and/or judge will show that you are serious about your proceedings and that you are knowledgable of the appropriate steps to take.
We are experienced certified residential appraisers with the requirements necessary to complete an appraisal for bankruptcy proceedings. We work quickly and efficiently and understand you are trusting us with a very important decision in your life!
Call us today and we can answer and questions you may have. We may be able to schedule the appointment same day. Let us know you found our website for the reduced rate!!
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