Splitting up marital assets?
Settling a divorce involves many decisions, including "Who gets the house". There are generally two alternatives when discussing the house - it can be put up for sale and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would be wise to order an appraisal of the residence.
Contact us if you require an appraisal for the purposes of a divorce or other separation of assets.
When the intended use of an appraisal is a couple splitting up, it requires a well-established, professional document that is defensible during a trial. The Welter Appraisal Group pledges to give you the very best in service with professional courtesy and well-supported conclusions. Handling the sensitive conditions of a divorce situation is frequent territory for us.
Attorneys in NJ as well as accountants rely on our analysis when calculating what the real property is worth for estates, divorces, or other disputes requiring a value opinion. We have a great deal of expertise working with everyone involved and We understand their needs and are used to dealing with all parties involved. We provide appraisal reports that meet the requirements of the courts and various agencies.
As a lawyer handling a divorce, your case's research typically requires an appraisal to establish fair market value for the residential real estate involved. Many times the divorce date may not be the same as the date you ordered the appraisal. We are familiar with the techniques 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 work on a reasonable number of divorce appraisals (unfortunately) and we understand that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which means the highest amount of confidentiality, guaranteeing you the utmost discretion.