![]() Splitting up assets?Settling a divorce involves many decisions, including "Who gets the house". There are generally two alternatives when discussing 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 should order an appraisal of the residence. Contact us if your needs include an appraisal related to a divorce or other separation of assets. A divorce appraisal should include a well-supported, authoritative document that can be supported to a judge. When you order an appraisal from North East Appraisals, LLC, you are assured the best in service with professional courtesy and well-supported conclusions. Through experience and education, we've learned how to care for the prickly needs of a divorce situation. Attorneys in NJ as well as accountants depend on our appraisals when determining real property values for estates, divorces, or other disputes where it is in question. We have an abundance of expertise dealing with all the parties involved and are ready to assist with your needs. We submit appraisal documents for courts or various agencies that meet or exceed their requirements. For lawyers representing a client in a divorce, your case's material facts often necessitates an appraisal to ascertain fair market value for the residential real estate involved. Often the divorce date differs from the date you purchased the appraisal. We're comfortable with the methods and the effort necessary to perform a retroactive appraisal that has an effective date and Fair Market Value opinion matching the date of divorce. We handle lots of divorce appraisals (unfortunately) and we understand that they require prudence with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, ensuring the utmost discretion. |