The key to your BK is the value of your exempt items. You do not want your creditors valuing your items as they will put a higher price on the item then is realistic, all to your detriment.
You can get a free CMA for your house from a Realtor. Make sure the Realtor has experience and only uses closed comparable sales within the last 90 days. Many times the tax valuations and the automated valuations like Zillow are just too high too. The reason they are high is the auto valuations use a longer period of sales and when the market is dropping that number is skewed higher than current market. If you rely on the Tax Valuation, many times it is also higher because a low tax assessment creates budget issues. Many tax authorities do not want to lose the tax income associated with lower assessments so they keep them artificially high.
You can get a free CMA for your house from a Realtor. Make sure the Realtor has experience and only uses closed comparable sales within the last 90 days. Many times the tax valuations and the automated valuations like Zillow are just too high too. The reason they are high is the auto valuations use a longer period of sales and when the market is dropping that number is skewed higher than current market. If you rely on the Tax Valuation, many times it is also higher because a low tax assessment creates budget issues. Many tax authorities do not want to lose the tax income associated with lower assessments so they keep them artificially high.
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