When working through a divorce, choose Maffeo-Kelly Appraisal Co., LLC to provide an accurate value of residence to be divided.
Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two options when discussing real estate - it can be put on the market and the proceeds divided, 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.
Contact us if your needs include an appraisal dealing with a divorce or other division of assets.
An appraisal for the purpose of assent division must have a well-supported, authoritative document that is defensible during a trial. When you order an appraisal from Maffeo-Kelly Appraisal Co., LLC, you are assured the best in service with professional courtesy and top notch analysis. Taking into account the sensitive challenges of a divorce situation is familiar territory for us.
Attorneys in NJ as well as accountants depend on our appraisals when ascertaining real property values for estates, divorces, or other disputes requiring a value opinion. We have a lot of expertise dealing with all the parties involved and are standing by to assist your needs. We create appraisal reports for courts or various agencies that meet or exceed their requirements.
As an attorney working with a divorce, your case's evidence typically requires an appraisal to establish fair market value for the residential real estate involved. A great deal of the time the divorce date can be different from the date you purchased the appraisal. We're versed in the procedures and what is vital to perform a retroactive appraisal that has an effective date and Fair Market Value estimate corresponding to the date of divorce. We handle a reasonable number of divorce appraisals (unfortunately) and we understand that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which compels us to keep the highest degree of confidentiality, resulting in the utmost discretion.