I am thinking of filing for bankruptcy in Florida, how do I value my real estate?

If you are thinking of filing for bankruptcy in Florida and you own real estate then you will need to know the value of the real estate to determine what, if any, equity you have in your properties.  The easiest way to determine the value of your home is to look at the property appraiser website for the county you live in.  Each year your home is appraised for tax purposes by the property appraiser, so when you go to the website, look for the corresponding year and valuation for the property.  Alternatively you could go www.zillow.com and type in your address for another valuation based on comparable real estate sales in your area.  Finally, and probably the most effective way to value real estate is to get a true appraisal of the property by hiring a licensed appraiser to come out to your property to review it and value it accordingly.

If you are thinking of filing for bankruptcy and would like to schedule a free consultation with a local bankruptcy lawyer, then please contact Ofer Shmucher at Shmucher Law, PL by calling 305-741-5553 or 954-309-5559.  We offer free consultations in our main office in Miami or in any of our satellite offices (by appointment) including Boca Raton, Fort Lauderdale, Plantation, and Sunrise Florida.

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