REO & Short Sale Appraisal

Our REO & Short Sale Appraisal Service

IdaHome Appraisal, Inc is a leading provider of real estate appraisals for REO, Short-Sale, Bankruptcy, and Foreclosures. Our Company appraises residential real estate throughout Ada, Boise, Canyon, Elmore, Gem, and Valley Counties. You need to be as accurate as possible when your attorney asks you to estimate your home’s value. In fact, often an attorney will recommend their client contact a local real estate appraiser to perform an appraisal of the home to accurately assess its current fair market value. We provide high-quality appraisals with detailed opinions of fair market value for mortgage banks and mortgage servicing clients. We also can offer “quick sale” forecasts that consider your specific timeline. A home appraisal provides you with an accurate assessment of your home’s fair market value. Significant discrepancies in the value of your home can create potential problems in Bankruptcy, REO sale and/or a Short Sale. If the value is listed too low, the client runs the risk of a trustee objecting to their scheduled valuation and potentially asking the court for permission to seize your home. In addition, an obvious “low ball” value will call your honesty, truthfulness, and credibility into question in future proceedings with the Bankruptcy judge, trustee, and opposing counsel. If a value is listed too high, a client may miss out on the availability of a Chapter 7 and/or end of paying back more than necessary in a Chapter 13. Real estate appraisers, therefore, perform an integral function in the bankruptcy process. Appraisers usually estimate asset collateral values of secured creditors and debtor-in-possession (DIP) financings; help to identify and value sale/leasebacks, spin-offs, licensing and other re-organization opportunities; and are often involved in structuring and valuing restructured debt and equity instruments as well as assessing and opinionating on the fairness of proposed reorganization plans. For these reasons, bankruptcy professionals quite often need to hire, work with, and rely on experienced real estate appraisers. Our foreclosure and short sale appraisal services cater to the needs of homeowners in default, banks with real estate owned properties (REOs), mortgage lenders, HUD, FHA, law firms, loan service companies, and other financial institutions that make personal and residential loans. We understand the complexities involved in assessing the value of a property under these difficult circumstances and work hard to provide you with the best possible experience.

IdaHome Appraisal, Inc is a reputable and experienced appraisal company that offers accurate and reliable home appraisal services in Idaho. With their extensive knowledge of the local real estate market and commitment to customer satisfaction, they can provide you with a fair and unbiased appraisal that can help you make informed decisions about your property.