Filing for bankruptcy is a painful and confusing administrative procedure. Your largest valuable asset, your home, plays a big role in determining your bankruptcy case. Therefore, an accurate valuation of your property within a quick turnaround time is crucial to facilitating smooth bankruptcy proceedings.
It is advisable not to low-ball an appraisal when filing for bankruptcy. An appraisal should never be slant to favor the debtor, as this will also favor with the courts of law. Reputable firms, such as Marietta Home Appraiser, must always do your appraisal because it is a criminal offense to file dishonestly. We can help advise a debtor with a complete appraisal. Additionally, we also compile a complete report with a full description of the property appraised and the methodology used to determine value.
Bankruptcy appraisals have a significant impact within the bankruptcy process. If the property is appraised unreasonably low, then this will cause issues and delays when the lender challenges the valuation. A poorly performed appraisal may also be rejected by the bankruptcy judge. Every appraisal that Marietta Home Appraiser performs is completed with a high level of quality and due diligence. We know the importance of supporting the appraised value with viable comparables.
Marietta Home Appraiser understands the pressures involved in bankruptcy, and know spending for an appraisal is likely the last thing a debtor wants to do. Remember, an appropriately appraised value is your key to the conflict.
Hiring a professional appraiser to appraise your property is your best and only defense against overvalued personal property. Call Marietta Home Appraiser directly with any questions concerning your bankruptcy at (404) 565-4942. Marietta Home Appraiser has the experience and qualifications to meet all of your appraisal needs.