A Distress Valuation Appraisal is performed when a vessel must be valued under urgent, exceptional, or adverse circumstances — such as repossession, estate settlement, legal disputes, or forced sales.

This type of appraisal is not concerned with retail asking price, but instead determines the vessel’s realizable liquidation value under current market conditions. It is typically requested by lenders, lawyers, insurers, or government agencies.

The vessel’s physical condition, maintenance history, market demand, and potential liabilities are taken into account, along with recent comparable distress sales.

71Boat.com approaches these assignments with impartiality and discretion. We provide detailed, evidence-based valuations that support fast decision-making and hold up under legal or financial scrutiny.