Home Appraisal and Bankruptcy
Home appraisals, for any use, usually cause a bit of discomfort and distress, with the homeowner hoping for a favorable outcome, unsure of who is going to actually perform the appraisal, and uncertainty about how unfinished projects and minor repairs will affect the value. They can be even more nerve-racking when it comes to bankruptcy, as creditors can be scary and demanding, large dollar figures are at stake, and procedures and timelines become very confusing. Chapter 7, Chapter 13, means tests, credit counseling, payment plans, hearings, and trustees…most of us are not experienced with these types of things regularly
Bernhardt Calibrated Appraisal is aware of the bankruptcy stressors, and tries to mitigate the pain for the homeowner through mature interactions, and mindful procedures. Bankruptcy is a serious decision. Emotions are high, and people’s financial futures are at stake. Our work is transparently and credibly prepared, according to the guidelines of the USPAP. Nathan Bernhardt, our owner, personally guarantees a quality process and review on every bankruptcy appraisal performed.
We work with homeowners and attorneys directly, in order to communicate effectively, and shorten the process. The efficiencies we utilize at includes smart, inexpensive, mobile-technologies and low-overhead mandates (mostly related to staff and location), allowing us to offer appraisals at a lower cost than our competitors. We will provide a superior analysis, at a lower price.