Appraisal Rebuttal Preserves Client’s Home in Foreclosure Action
A lender initiated foreclosure proceedings, claiming the home was worth only $210,000—barely covering the balance due. The borrower’s attorney believed the valuation was artificially low to speed the foreclosure process. They needed a rebuttal appraisal to contest the lender’s claim and provide evidence of fair market value.
Client
Real Estate Attorney Defending Homeowner in Foreclosure (Orlando, FL)
The Challenge
The lender used a drive-by appraisal with no interior access
The home had over $50,000 in recent improvements not reflected in the report
Time-sensitive hearing was scheduled within 14 days
Our Role
On Point Estimating & Appraisals was engaged to quickly prepare a full rebuttal and provide expert support.
We Delivered:
Rush interior inspection within 48 hours
Comprehensive market valuation reflecting current upgrades
A side-by-side critique of the lender’s appraisal, highlighting omissions and errors
A rebuttal letter formatted for submission to the court
The Outcome
Our appraisal showed the home’s true value was $275,000, with supporting data
The judge ruled to delay foreclosure proceedings pending proper valuation review
The borrower ultimately negotiated a loan modification and kept the home
Client Feedback
“We couldn’t have preserved the property without your rapid and professional response. The court respected your work, and so did opposing counsel.”
Key Takeaways
In foreclosure cases, fast and accurate rebuttals can change outcomes
Interior access and upgrade verification are essential to full market value
Expert presentation of valuation differences is key to court persuasion