Professional, Accurate Appraisals.

Bankruptcy Home Appraisal

When you're navigating bankruptcy, an accurate picture of your home's value is essential. A certified appraisal from Fairway Appraisal gives you and your attorney a reliable, defensible figure to work with — helping you make informed decisions about your assets and move through the process with greater clarity.

Bankruptcy petition with a pen and gavel

Property-value information for you and your attorney

When residential real estate is involved in a bankruptcy matter, a supported opinion of market value can help your attorney evaluate the property within the filing. A home's assessed value, mortgage balance, or online estimate may not answer the same question as an appraisal prepared for a specified purpose and effective date.

Fairway Appraisal evaluates relevant property characteristics, condition, and comparable market evidence. The assignment should identify who will use the report and the valuation date required by your legal adviser. Different circumstances can call for different scopes, so it is important to communicate the intended use before ordering.

Prepare the information your assignment requires

Please provide the property address, filing-related deadlines, attorney instructions, and details about access. Information on improvements, damage, deferred maintenance, occupancy, and any unusual property features may help clarify the scope. If a past valuation date is required, records showing the property's condition at that time may also be useful.

An appraisal reports an opinion of property value; it does not determine exemptions, discharge eligibility, equity treatment, or the outcome of a bankruptcy case. Those decisions depend on legal and financial factors outside the appraisal. Confirm report requirements with your attorney, including whether any additional litigation-related services will be needed, before commissioning the assignment.

Discuss your property and appraisal needs

Tell us where the property is located, why you need an appraisal, and any deadlines or report requirements. We’ll help you identify the appropriate next step and provide a free quote.

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