Bankruptcy Appraisals

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If you are going through a bankruptcy your attorney may recommend to you that you contact a local real estate appraiser to perform an appraisal on the property to accurately determine its current market value.

A real estate appraisal provides you with an current opinion of what your property is worth. It is very important to have an appraisal done by an experienced and knowledgeable Florida State Certified appraiser as discrepancies in the value of your home can create potential problems in any bankruptcy. If the property is listed for sale too low, the client runs the risk of a trustee objecting to their scheduled sales price and potentially asking the court for permission to seize your home. You don't need that. In addition, an obvious ‘low ball’ value will call your honesty, integrity, and credibility into question in future proceedings with the Bankruptcy judge, trustee, and opposing counsel

If your property is listed too high, a client may miss out on the availability of a Chapter 7 bankruptcy and/or end of paying back more than necessary in a Chapter 13 bankruptcy.

For these reasons, bankruptcy attorneys and paralegals often need to hire, work with, and rely on experienced certified real estate appraisers such as our staff at Landmark Appraisal & Realty Group, Inc. We understand the complexities and difficulties involved in assessing the value of your property under these challenging circumstances and will work hard to provide you with the best possible experience. We excel in our professionalism and turn around times in these requests.

Fill out our Contact page or give us a call today at 561-853-2129 with any questions you might have about ordering a South Florida bankruptcy appraisal. We perform residential real estate appraisals in Palm Beach County, Broward County, Martin County, and St. Lucie County.