Splitting up marital assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two options regarding common real estate - it can be sold and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties should commission an appraisal of the joint real estate.
Contact us if your needs include an appraisal related to a divorce or other separation of assets.
When the purpose of an appraisal is a couple splitting up, it requires a well-supported, authoritative document that can be supported during a trial. When you order an appraisal from The Welter Appraisal Group, you are assured the best in service with professional courtesy and top notch analysis. We also know how to handle the prickly needs of a divorce situation.
Attorneys in NJ as well as accountants rely on our appraisals when calculating real property values for estates, divorces, or other disputes requiring a value opinion. We have an abundance of expertise dealing with all the parties involved and are ready to assist with your needs. We provide appraisal documents that meet the requirements of the courts and various agencies.
As an attorney handling a divorce, your case's material facts regularly requires an appraisal to establish fair market value for the residential real estate involved. A lot of the time the divorce date may not be the same as the date you purchased the appraisal. We're versed in the techniques and all that it entails to perform a retroactive appraisal that has an effective date and Fair Market Value estimate matching the date of divorce. For each divorce appraisal we perform we remain conscious of the fact that they need to be handled with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, ensuring the utmost discretion.