Divorce Nexus Appraisal
Divorce APPRAISAL
When it comes to your Divorce Home Appraisal Choose your appraiser carefully!. We have the experience and the knowledge to do both types of appraisals (retrospective/Historical Standard Appraisal) required in a divorce case. Dividing marital property is the most difficult part of a divorce process, appraising the property outside court proceeding is highly recommended as the court system is lengthy expensive. When deciding in determining a house’s equity, both parties need to know how much it is worth. This is where an experienced appraiser comes into the picture. A Standard Appraisal: Recent home sales in your area can give you an idea of how much properties are worth, but getting an appraisal is the right best way in determining the fair market value of your house. A house is the biggest asset owned as marital property, so knowing its market value is crucial when deciding what to do with the house. Having an accurate appraisal of all joint properties helps ensure both parties getting a fair settlement. A retrospective (Historical) Appraisal: While separate property is not subject to division when dissolving a marriage, some separate property like a house can turn into joint property. If you owned a house before the marriage but a spouse helped you make mortgage payments or improvements to the home, your spouse might be entitled to some portion of the home’s value. If concerns like this exist, you might also need a historical appraisal. This shows what a home was worth when it became joint property, often, this date differs from the date the appraisal is requested. We know the procedures and requirements necessary to perform a appraisal with an effective date and Fair Market Value estimate matching the marital property date and, of course, all appraisals are done with confidentiality and discretion. Our professional divorce appraisal service is backed by our superior experience, service, turn time, and knowledge of the market. Please browse our website to learn more about our qualifications, expertise and services offered.