Residential Appraisals for Bail Bonds
What Happens When You Are Arrested?
When an individual is arrested for a crime, they will be taken by law enforcement to jail for booking. During the booking process, the suspect will have a photograph taken, be fingerprinted, and asked for a statement. While awaiting their day in court, the accused will be held in jail unless they are released on bail
What Is Bail?
Bail is a financial arrangement that a bail bonding agency will make on behalf of a criminal defendant to get them out of jail while they wait for their day in court. A bail bonding agency will make an arrangement with the court to have the suspect released from jail in exchange for money or collateral.
Once the individual is released, the bail bond agency is responsible for ensuring they show up in court on the day of their trial. If the individual does not turn up in court, the bail is forfeited.
Bail comes in several forms. The individual can use cash or a bail bond. A bail bond is a surety that the full bail amount will be paid if forfeited. Some courts will accept either the full bond or a 10 percent cash down payment for the release of a suspect.
What Can I Use as Collateral for My Bail?
The type of collateral you can use is really anything of value, including cash, assets, or a bail bond. The court determines the monetary value of the bail. To decide which type of collateral is best to use, call a trusted bail bonds service provider.
If you are a homeowner who needs to post bail and elect to use the home as collateral for a bail bond, oftentimes, an appraisal is required to determine the value of the property. This type of appraisal service is usually expedited because you want your loved one home as soon as possible.
When you need to order an appraisal to determine the value of your home, and you need it done quickly, be sure to use the services of the professionals at TCO APPRAISALS. 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. Our Senior Appraiser, Todd Ortlieb, is an associate member of the ‘Bar’ and has extensive experience in working with local bail bond companies as well as a large number of local Law Firms when it comes to bail bond proceedings.
What Other Appraisal Services Do You Offer?
TCO APPRAISALS has years of experience appraising property in the San Diego area and can help you determine your property’s value through specialized services including
Appraisals for Inheritance
When an estate has a transfer of ownership due to death or inheritance, it is very common for a real estate appraisal to be needed for tax purposes.Appraisals for Divorce
When getting a divorce appraisal, it is important to get an accurate estimate of your home's fair market value when dividing assets. The divorce real estate appraisal will help the division and separation process run more smoothly and quickly.Appraisals for Estate & Date of Death
When an owner of a property dies, it is common for a property appraisal to be performed for tax purposes.Tax Assessment Appeals
Property tax assessments can sometimes be inaccurate or outdated, leading to higher tax burdens for property owners. At TCO APPRAISALS, we leverage our expertise and understanding of local market dynamics to help clients challenge these assessments and potentially lower their tax liabilities.Appraisals for Bankruptcy
When filing for bankruptcy, it is important to estimate your home’s value accurately. TCO APPRAISALS can help you get an accurate value for your home quickly, ensuring you have the correct information for your bankruptcy filing.Mortgage Lending
Understanding the critical role of property valuation in mortgage transactions, we provide thorough and precise appraisals to support lenders and borrowers. Whether it's for refinancing, purchasing a new property, or obtaining a home equity loan, we ensure that the property's value is accurately assessed.