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Banyan Appraisals, Inc. |
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The settling of an estate usually involves obtaining an appraisal of any real-estate involved in order to determine its fair market value. Estate liquidation can occur for several different reasons, death and divorce are two of the most common. In all instances a real-estate appraiser is bound by client confidentiality.
DEATH AND PROBATE In situations involving the death of a loved one, typically the appraisal report is back-dated to the date of death. The estate executer and or the accountant for the estate can help determine the ‘as of date’ that will be required.
DIVORCE Divorce is no less traumatic then a death. While not all divorces will result in a property buyout, an independent appraiser can help alleviate some of the stress by providing an appraisal report with the true market value of the estate. Knowing the value of the property involved helps disputing parties arrive at an equitable agreement.
BANKRUPTCY AND FORCLOSURE The importance of knowing the present value of the property during all stages of liquidation can not be stressed enough. Whether you are the home owner, the bank holding the note, or a creditor with an interest, we offer the most cost effective options for all parties involved. As a property owner, knowing the value of the asset gives you more flexibility in the decisions ahead such as possible negotiations, and short selling. As the bank or lien holder, knowing the present market value of the property allows you to properly assess the situation at hand. We provide R.E.O. appraisals and related products specifically geared to the foreclosure process. If you are a bank or investor in the market, please see our corporate page.
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To contact us: |
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Phone: 561-422-8132 Fax: 561-422-8951 Orders@BanyanAppraisals.com |