Divorce Appraisals in Bergen County by 1st Appraisal SourceSettling a divorce involves many decisions, including who keeps the house. There are generally two alternatives when it comes to the shared residence - it can be sold and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to order an appraisal of the shared real estate.
An appraisal for the purpose of asset division requires a well-supported, expert value conclusion that is defensible during a trial. When you order an appraisal from 1st Appraisal Source, you are assured the best in service with professional courtesy and top notch analysis. We understand how to provide for the delicate needs of a divorce situation.
Attorneys as well as accountants in New Jersey rely on our values when figuring out real property values for estates, divorces, or other disputes where it is crucial. We have a lot of expertise dealing with all the parties involved and are ready to assist with your needs. We assemble appraisal documents that fulfill the requirements of the courts and various agencies.
As an attorney working with a divorce, your case's evidence often requires an appraisal to establish market value for the residential real estate involved. A lot of the time the divorce date differs from the date you purchased the appraisal. We're experienced with the processes and the effort needed to develop a retrospective appraisal that has an effective date and Market Value opinion that matches the date of divorce. For each divorce appraisal we take on, we remain mindful of the fact that they need to be handled prudently. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, resulting in the utmost discretion.