NJ Bankruptcy Appraisal
Bankruptcy appraisals or REO Appraisals (Real Estate Owned) are needed by banks, financial institutions, attorneys, and lenders.
We Make Bankruptcy Appraisals Easy
STEP 1
Get a Free Quote
Fill out the form on our website to get a free quote and we’ll get back to you shortly.
STEP 2
Appraisal Inspection
We perform an on-site appraisal inspection to ensure accuracy.
STEP 3
Report Delivery
We email high quality home appraisal reports with great customer service and a quick turn-around time.
REO properties are homes that have already gone through a foreclosure. When a property is in the REO status, the client often needs to know several fair market values.
The first is the current fair market value “As is”. The second is the “as repaired” fair market value. The third and fourth values are the “as is” and “as repaired” value as a “quick sale”. The “quick sale” value can be defined as the estimated value if the property was to sell in a shortened time, typically in 30 days or 30-60 days. This shorter marketing time typically warrants a lower value to sell the property quickly.
There can be special circumstances when dealing with a foreclosed property. The property could have damage from neglect or from it being vandalized. When valuing the property, we consider the condition and quality in determining the fair market value.
We have extensive experience in submitting New Jersey bankruptcy appraisal reports in a timely manner for many different lenders. Our knowledge of this process and ability to deliver high quality appraisal reports is the reason why these financial institutions continue to use our services. Contact us today to learn more about bankruptcy appraisals.
OUR SERVICE GUARANTEE
While we won’t be able to guarantee a pre-determined value on a property, we can guarantee quality service for our clients. If for any reason you are not satisfied with our service, please let us know and we will do everything in our power to rectify it.
“I was very pleased with the service provided by Evan in formulating an appraisal of a family member’s residence.”
“His appraisal provided a very thorough analysis of the home and property, and it reflected the work of someone who had performed comprehensive research and thoughtful deliberation of the many factors that influence the valuation of a residence. He is personable, punctual, and the embodiment of a consummate professional appraiser.”
– Robert H.
Getting Started is Easy
American Realty Appraisals makes it easy and fast to schedule your real estate appraisal. Click the link below and we’ll get back to you shortly.