Tuesday, November 20, 2012

Helpful Tip Tuesday

Today is Tuesday and every Tuesday we like to post a tip that will help you to handle your legal issues.

Obtaining a real estate appraisal for your divorce?  Do your own research first by investigating comparable sales in the area and be ready to analyse the appraisal to determine if reasonable comparable sales were used in the analysis.  If an appraiser uses homes far from your neighborhood, or extremely dissimilar to your house, the conclusions in the appraisal may be incorrect.  Additionally, prepare for your appraisal.  If you recently had work completed on the home that will increase its value yet not be readily apparent (insulation, structural repair, electrical work, etc.), make sure the appraiser understands.  On the flip side, if you are concerned that the appraiser will come in too high, have a list ready of repairs that are needed, especially if the issues will not be readily apparent to the naked eye.

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