Splitting up marital assets?We know that divorce is never easy. There are many issues to worry about, including the fate of the home. There are generally two options when discussing the shared residence - it can be put up for sale and the proceeds split, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to order an appraisal of the residence.
An appraisal for the purpose of asset division requires a well-supported, expert value conclusion that is defensible during a trial. Sullivan Appraisal Services pledges to give you an exceptional level of service with professional courtesy and the highest quality appraisal. We understand how to provide for the sensitive needs of a divorce situation.
New Jersey attorneys as well as accountants rely on our appraisals when figuring out what real property is worth for estates, divorces, or other disputes where it is crucial. We understand their needs and are accustomed to dealing with all parties involved. We provide appraisal reports that meet the requirements of the courts and various agencies.
For attorneys handling a divorce, your case's evidence regularly requires an appraisal to determine market value for the residential real estate involved. Many times the divorce date may not be the same as the date you requested the appraisal. We're accustomed to the procedures and all that it means to complete a retrospective appraisal with an effective date and Market Value conclusion that matches the date of divorce. For each divorce appraisal we are hired to do, we keep in mind that they need to be handled prudently. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, guaranteeing you the utmost discretion.
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