Bankruptcy and Foreclosure Appraisals
If you are undergoing a bankruptcy or foreclosure in the Los Angeles area, Golden State Appraisals, Inc. can help. Our licensed professionals understand the complexities involved in assessing the value of a property under these difficult circumstances and can help make the process a smoother one.
A foreclosure can be a long and complicated process. If your mortgage payment is more than 90-120 days late, the lender will require you to complete a foreclosure appraisal. This document will provide you with the fair market value of your home, which is different from the value of your home if sold as-is, as-repaired or as a short sale.
During bankruptcy, an appraisal of your home is required in order for the bank to calculate your net assets. The homeowner is responsible for completing the valuation assessment and the deadlines are usually tight. Missing a deadline could be detrimental to the process, which is why Golden State Appraisals, Inc. can assist with completing the paperwork in a timely manner.
A bankruptcy or foreclosure appraiser from Golden State Appraisals, Inc. will use state-of-the-art technology to assure that your valuation is accurate and speedy. Our licensed professionals are in good standing with the Office of Real Estate Appraisers (OREA) and are available seven days a week for your convenience