13 Mar Bankruptcy Appraisal
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 main key in bankruptcy proceedings seems to be one’s available assets. Real estate is the primary asset in most cases. These assets will help to determine, and possibly make a difference between the type of bankruptcy one qualifies for. Because arbitration is a critical part of any proceeding in bankruptcy, the credibility of the appraiser is of supreme importance to the final outcome and in regards to a bankruptcy appraisal. The type of valuation reporting format (narrative or form) that is utilized as well as the experience and reputation of the appraiser is critical. In a court setting, it is typically for a judge to see a full appraisal completed by a state licensed appraiser. The appraisal is guided by the used of State regulations which includes an adherence to USPAP which contains guidelines, rules and regulations.
We are experienced state licensed, residential appraisers with the requirements necessary to complete an appraisal for the purposes of bankruptcy filings. We will work quickly and efficiently with the understanding that you are trusting us with a very important part of your financial life. We also have experience in expert testimony in a court room setting should this, at some point, be required.
We are experienced with the procedures, requirements and data sources to accurately perform a bankruptcy appraisal. Additionally, we are bound by confidentiality agreements in the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). This ensures the fullest degree of discretion in the property appraisal process. We take care to keep abreast of trends in our profession, subscribing to Working RE Magazine and following updates, particularly in new technology relevant to the Appraisal Profession. We are professionals and take our profession seriously. As well as the work we do to provide property valuations in the Sacramento Region.
We are professionals and strive for complete customer satisfaction. We offer an Expert Opinion, State Credentials, and Good Customer Service! Please reach out and contact us with any questions you may have regarding a real estate appraisal in the Sacramento Valley and Sierra Foothills area. We will inspect your property at your convenience. After hours and Saturday included. And will complete the property valuation on a 1004 form industry standard within 48 hours from inspection. We will email this to you in a pdf file format. Get your Bankruptcy appraisal today!
Please Contact: Sacramento Valley Appraisal: (916) 407-5540