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Bail Bonds Appraiser

A Bail Bonds Appraiser Helps Bondsmen Know the Value of Key Collateral

Many people who get arrested don't have the cash to post bail right away, especially if they are accused of serious crimes. However, you surely have read or heard that many of these people are able to get back onto the streets within hours or days just the same. You may even know that they work with bail bond companies in order to do it. However, the question often remains: How do suspects convince bail bondsmen to go ahead and bail them out?

The answer is simpler than it may seem. The suspect will put up collateral, and in exchange, get a bail bond. It is essentially a form of loan.

To avoid being on the short end of the deal, bail companies will employ a bail bonds appraiser to make sure that the collateral is worth enough to cover the cost of bailing an individual out. If that person then skips town, the collateral is taken, so bondsmen want to be extra-sure that it's good enough.

Real estate appraisal services often offer the needed support for the industry since the cost of bail can be high enough to require this type of collateral. Other appraisal services may be needed as well, especially if a suspect puts up a car, jewelry, or other valuables. Then, a bail bonds appraiser might find himself valuing one or more types of things for a single case.

Now, you know how suspects who face huge amounts of bail manage to get out so fast. They don't just pull the money from thin air, nor do they all have rich benefactors. Instead, they put their houses or other valuables up as collateral, and then after the goods are seen by appraisal services, a bail bond is issued.

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