Accurate Home Appraisals During Bankruptcy
Take Away the Guesswork
Bankruptcy can be a stressful situation. In addition to all other considerations, it is important to give an accurate value of your home, as an inaccurate assessment can severely impact your bankruptcy filing. Asides the obvious question of credibility, giving a too-low value may cause a trustee to object and ask the court for permission to seize your home. On the other hand, a value that is too high may cause you to miss out on the availability of a Chapter 7 and/or end up paying back more than necessary in a Chapter 13 (read more about this on our blog). To this end, attorneys usually recommend getting accurate bankruptcy appraisal from an experienced professional real estate appraiser.
We Provide Accurate Bankruptcy Appraisal Services
Our team of certified and experienced appraisers at Aladdin Appraisal understands the complexities involved in assessing the value of a property under such difficult circumstances. Beyond being technically proficient, we work with utmost discretion and consideration, providing you with the best possible experience. We do this in three simple steps:
- Review and approve your proposal
- Measure and inspect and your home
- Send your professional report by email
At Aladdin Appraisers, we also have experience working directly with bankruptcy professionals. Our expert appraisers estimate asset collateral values of secured creditors and debtor-in-possession (DIP) financings, help to identify and value sale/leasebacks, spin-offs, licensing and other reorganization opportunities. We are often involved in structuring and valuing restructured debt and equity instruments as well as assessing and opinionating on the fairness of proposed reorganization plans.
Contact Us to Get Started
Our team of expert professional appraisers at Aladdin Appraisals are fully equipped to guide you through the process of accurately appraising your home for bankruptcy filing. Call us today at (617) 517-3711 or fill our convenient online form to get started.
Read more about bankruptcy appraisal on our blog.