Liquidation appraisals for when time is short.
Sometimes a property has to sell fast. A liquidation appraisal estimates what a home is likely to bring with a shortened marketing period, alongside its normal market value, so you can make a realistic decision.
Common reasons people call
- An estate needs to sell quickly to pay debts or close out
- Co-owners or partners are splitting up and need to cash out
- Bankruptcy or debt planning with your attorney
- A private lender or note holder is evaluating a property
- A job change, move, or hardship means a fast sale
- You have a cash offer and want to know if it's fair
Your appraisal includes
- An opinion of market value with normal exposure time
- An opinion of liquidation value under the stated marketing time
- Notes on condition, needed repairs, and the likely buyer pool
- A signed report prepared to USPAP standards
Market value vs. liquidation value
Market value assumes the home gets a normal amount of time on the market and that the buyer and seller are both acting without pressure. Liquidation value assumes the seller has to sell within a short window, which usually means accepting less.
Seeing both numbers side by side shows you the real cost of speed. That helps an executor, partner, or lender decide whether to list, fix it up first, or take a quick offer.
Questions people ask.
Every situation is a little different. If yours isn't covered here, call Dawna.
What marketing time do you use?
The one that fits your situation. You, your attorney, or your lender can set it. Common time frames are 30, 60, or 90 days.
Can I get market value and liquidation value in one report?
Yes. Most clients want both so they can compare.
Do you appraise vacant or run-down homes?
Yes. Condition is part of the analysis, and Dawna will note what is likely holding the value back.
How fast can you get it done?
Turnaround is usually [X] business days after the inspection. Rush service may be available; ask when you call.
Let's get you a value you can rely on.
Tell Dawna what you need.
Fill this out and it opens a ready-to-send text to Dawna. You'll hear back with a price and the soonest inspection date. Rather talk it through? Just call.