Appraisal for Divorce Settlement

Divorce appraiser NJ - New jersey

The divorce process can be complex. Finalizing a divorce involves making many important decisions; such as how to handle the distribution of assets including real estate. Whether your assets include a single home or a portfolio of investment grade commercial properties, obtaining accurate and credible appraisals of the properties which are the subject of a divorce settlement can make a substantial difference.

Typically, assets such as real estate are either sold off with the proceeds divided amongst both parties, or one party buys out the other party, therefore retaining ownership. Regardless of how the assets are distributed, attorneys, accountants and judges all strongly recommend that one or both parties retain a state certified real estate appraiser to provide a credible opinion of market value.

The quality of an appraisal and the appraiser’s level of expertise, competency and education who prepares it can make the world of a difference, especially when there is litigation and or a trial involved. Sometimes the divorce settlement process can be very civil with little or no discrepancies. However, other divorce cases can get pretty ugly with attorneys battling it out in the court room. Such cases usually involve high value assets where there is a lot of money at stake for both parties.

Appraisal reports prepared for divorce purposes just like appraisals prepared for mostly all other purposes, require a professional opinion of value prepared by a state certified appraiser. Such appraisal reports should be well supported and defendable in court.

When you order an appraisal from True Value Real Estate Appraisals, be assured that you will receive the highest quality appraisal that the industry has to offer, coupled with the professional and courtesy service that you demand.

Attorneys heavily depend on our opinion of market value when preparing their case. In situations where both sides each hire their own appraiser, attorneys rely on us to: analyze the opposing appraiser’s report, highlight errors and inconsistencies which can be used to deem the opposing side’s appraisal less credible, assist with trial preparation and to provide expert witness testimony.

Stemming from a long history of preparing appraisal reports for divorce purposes, providing expert witness testimony in divorce cases and assisting attorneys with trial preparation including the cross examination of the opposing side’s expert witness; we have an extremely intimate understanding of what attorneys need in order to produce the best possible outcome for their client’s.

Our appraisals exceed the standards and requirements set forth by courts and various agencies in which the reports will be scrutinized by. We pay attention to every detail and have an extensive review process in place to ensure that all final appraisals have no errors and report an accurate opinion of market value that any ethical appraiser would have no other choice then to agree with.

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