Divorce is an unfortunate reality in our world. When real estate is involved, the question of, "Who gets the house?" must be answered before finalizing the divorce.

The two most common outcomes in such a situation are:

1. The house can be sold and the proceeds divided or
2. One party can be "bought out" by the other.

Regardless of whether the house is sold or one party "buys out" the other - it is usually in the best interests of both parties for each to order an independent appraisal of the property.

The key criteria for appraisals to be used in divorce proceedings are that they are credible and defensible in court. The appraisal report must be thorough and professionally prepared - at a minimum by a New York State Licensed Real Estate Appraiser.

Our appraisal reports are regularly relied upon by attorneys for a variety of legal matters, including but not limited to divorces. We are accustomed providing appraisal reports that meet the requirements of the courts and various agencies.

When you hire us to perform your appraisal, you can rest assured that you've hired a competent professional who will provide you with an accurate appraisal of the highest quality. Also, all of our appraisers and support staff are sensitive to the need for discretion and confidentiality in these matters.

We can provide a current "fair market value" or a retrospective opinion of value, whatever the situation warrants.

Please call us today at (516) 642-4369 to speak to one of our experienced, licensed appraisers. We'll be happy to answer all of your questions and schedule an appointment time that is convenient for you.