If the marital home is appraised a year or more after filing for divorce, will the appraisal be valid?
The market could also change and the value could drop.
Springfield, NJ
Tax Lawyer at Springfield, NJ
Practice Areas: Tax
The market could also change and the value could drop.
It may depend on the facts in each appraisal, the logic and support to the adjustments and credibility of the testimony..
Sounds like the appraiser is just doing their homework. Did they try to contact your son for an inspection? Is the information not accurate?
If the owner gets an appraisal you will not be able to use it to get a mortgage from a bank. Only the bank can pick the appraiser for a loan, but...
First your question is insulting to licensed appraisers. None the less, hire a third party, such as a mediator to hire the appraiser. Give...
The proper approach is the income approach, although often apprasiers use other approaches as well. The problem in using the sales approach is...
You can get an appraisal for any date back in time, but the longer you wait the harder for the appraiser to get the necessary data.
You can also turn the appraiser in to your states appraisal regulatory board. All appraisers are required to conform their appraisal to the...
It is not an arms length transaction becasue a arms length transaction is one in which the buyers and sellers act independently and have no...
Lenders cannot use an appraisal commissioned by the borrower. They often will ask the orginal appraiser to look at other data and reconsider his...