Splitting up assets?
We know that divorce is never easy. There are countless issues that have to be settled, including what happens to the house. There are generally two options when it comes to the shared residence - it can be put on the market and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would be wise to commission an appraisal of the residence.
Contact us if your needs include an appraisal for the purposes of a divorce or other separation of assets.
When the reason for an appraisal is a divorce settlement in Gloucester, Camden, Salem, Burlington and Cumberland counties , it should include a well-established, expert value conclusion that will hold up to a judge. When you order an appraisal from Preferred Appraisers, Inc., you are assured the best in service with professional courtesy and the highest quality appraisal. Handling the particular needs of a divorce situation is familiar territory for us.
NJ attorneys as well as accountants rely on our appraisals when determining real property values for estates, divorces, or other disputes where it is material. We have a lot of expertise dealing with all the parties involved and are ready to assist with your needs. We submit appraisal reports for courts or various agencies that meet or exceed their requirements.
As a legal professional handling a divorce, your case's research often necessitates an appraisal to establish fair market value for the residential real estate involved. A lot of the time the divorce date differs from the date you ordered the appraisal. We're accustomed to the processes and what is imperative to do a retroactive appraisal with an effective date and Fair Market Value opinion corresponding to the date of divorce. For each divorce appraisal we are hired to do we understand that they need to be handled with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, resulting in the utmost discretion.