Bernardsville, NJ Bankruptcy and Real Estate Appraisers
When filing for bankruptcy in Bernardsville, New Jersey one of the first questions asked by the NJ bankruptcy attorney is, “What is the value of your home?” Some homeowners will come up with their own value of the home which is not pragmatic. In most cases, the NJ bankruptcy attorney will recommend hiring a NJ certified real estate appraiser to determine the value because having the accurate value can be vital in the approval of the bankruptcy case.
If there are any discrepancies in the value of the home presented to the trustee on the case, the trustee can ask the court to seize the property. Providing a false value, maliciously or negligently, reduces the client’s credibility and honesty with the trustee and bankruptcy judge. If the value furnished is too high, the client may lose the opportunity of a Chapter 7 bankruptcy and may have to pay back more money in a Chapter 13 bankruptcy.
New Jersey real estate appraisers play an essential role in the New Jersey bankruptcy process. It is to the client’s best interest to use a qualified NJ certified real estate appraiser to get the correct information in professional matter when dealing with a tenuous situation. Real estate appraisers have additional continuing education and certifications keeping them abreast of the rules, laws and market conditions allowing them to perform their duties and provide accurate Bernardsville, New Jersey real estate values.
Jason LiBrizzi is the President of Accurate Real Estate Valuation, LLC. Mr. LiBrizzi is certified real estate appraiser in Bernardsville, NJ and surrounding Counties of Somerset, Hunterdon, Morris and Union. Mr. LiBrizzi specializes in New Jersey real estate appraisals for bankruptcies.
For buyers and sellers looking for real estate for sale in Bernardsville, NJ and surrounding areas, they can begin their Bernardsville, NJ homes search here!
Jason LiBrizzi, President
Accurate Real Estate Valuation, LLC
7 Vones Lane
Bridgewater, NJ 08807
Phone: 908-450-7377
Fax: 908-450-7378
Email: Accuratevalue@optimum.net
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If you are looking to buy or sell real estate in NJ, call Chuck Hendershot at Feel @Home Realty (908) 280-0115.
I specialize in representing my clients in the Bernardsville, Basking Ridge (Bernards Township), Bedminster, Bridgewater, Peapack, Gladstone, Far Hills, Mendham, Morristown and surroundings areas of NJ.
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