![]() Splitting up assets?We realize that divorce is never easy. There are countless choices that have to be settled, including the status of the home. There are generally two options when it comes to the house - 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 shared real estate. Contact us if you require an appraisal related to a divorce or other division of assets. A divorce appraisal requires a well-supported, expert report that will hold up to a judge. When you order an appraisal from BK Appraisals LLC, you are assured the best in service with professional courtesy and the highest quality appraisal. We also know how to provide for the sensitive needs of a divorce situation. Attorneys in NJ and accountants depend on our opinions when ascertaining what the real property is worth for estates, divorces, or other disputes depending on a value opinion. We have a lot of expertise working with everyone involved and We understand their needs and are used to dealing with all parties involved. We submit appraisal reports that meet the requirements of the courts and various agencies. As a legal professional working with a divorce, your case's evidence typically needs an appraisal to establish fair 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 versed in the procedures and what is imperative to develop a retroactive appraisal that has an effective date and Fair Market Value estimate corresponding to the date of divorce. We work on many 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 binds us with confidentiality, guaranteeing you the utmost discretion. |