Real estate blog entries tagged with new york by Kenneth Rossman - Long Island, NY Appraiser (Appraiser, Ken Rossman)

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Home : Blogs : Kenneth Rossman - Long Island, NY Appraiser : Kenneth's Blog : Tag "new york"

new york: Bankruptcy Appraisal - Why it's crucial to choose a seasoned professional - 05/25/08 08:19 AM

In the current real estate market downturn, precipitated by the sub-prime initiated financial meltdown, declaring bankruptcy has become an all to often unavoidable reality under certain circumstances. An accurate appraisal report is an important element in any bankruptcy proceeding.
Whether you are allowed to file a chapter 7 liquidation or a chapter 13 repayment plan can have a huge impact upon your ongoing financial situation.
Your house is certainly worth (market value) what its worth, based upon the most recent and similar comparable sales, adjusted for relevant differences on a direct sales comparison grid.
Market value or fair market value is the … (2 comments)

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Kenneth Rossman - Long Island, NY Appraiser

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