Estate appraisals
If you’ve inherited a home or are helping settle an estate, you may need its value as of a past date. Start with the address and the valuation date you’ve been given.
About estate appraisalsTHE APPRAISING GROUP / SERVICES
Appraisal servicesin Toms River, NJ.
Settling an estate, separating or planning a sale? Start with the decision you face. We can discuss which report you need.
2 NJ-37, Toms River, NJ 08753
WHAT BRINGS YOU HERE?
Choose the situation
closest to yours.
Estate, probate and date-of-death requests can overlap. You do not need to order separate reports just because more than one description fits. Share your attorney’s or tax adviser’s instructions so we can discuss the scope.
Probate appraisals
Handling an estate through the Ocean County Surrogate’s Court? If a property value is needed, share the instructions you have received and the date the value must reflect.
About probate appraisalsDivorce appraisals
A shared home can be difficult to sort out. An appraisal provides a value to work from. Bring any instructions from your attorney about the property and valuation date.
About divorce appraisalsDate-of-death appraisals
This report looks back to the home’s value when the owner died. If your tax adviser has asked for a step-up appraisal, confirm the date they need the report to reflect.
About date-of-death appraisalsResidential appraisals
Considering a sale, seeking PMI removal or preparing an appeal to the Ocean County Board of Taxation? Tell us the purpose and share any lender or adviser instructions.
About residential appraisalsRush appraisals
A filing date, mediation session or rate lock can put a deadline on the report. Raise the date on your first call and ask about availability before relying on a delivery date.
Discuss a rush appraisalBEFORE YOU ARRANGE A REPORT
Start with the address.
Then tell us what you need to resolve.
- The property: its address, type and anything we should know about arranging access.
- The purpose and date: who will use the report, what decision it supports and the date the value needs to reflect. Include any instructions from your attorney, tax adviser or lender.
- Your deadline: when the report is needed, plus your name and a phone number or email where we can reach you.
If you do not know the valuation date yet, say so. Ask for a written scope, fee and delivery estimate before a filing or closing date depends on the report.
Send your appraisal requestWHAT GOES INTO THE VALUE?
A closer look at the property.
A careful look at the evidence.
Understanding the home
Most appraisals include an interior and exterior inspection: photographs, measurements and notes about the property. A desktop appraisal uses other available information and questions about the home; a drive-by appraisal assesses the exterior without entering. Ask which scope fits your request.
Comparing recent sales
The appraiser researches comparable sales and considers differences in size, condition and features. A home with an extra bathroom, for example, may need an adjustment before its sale price can help explain the value of yours.
Other approaches may also matter.
The cost approach considers the cost to build a similar property, depreciation and the land. The income approach considers rental income and comparable rental properties. The appraiser weighs the available evidence to reach a value conclusion. An appraised value is an estimate, and a final sale price may differ.
YOU CAN START WITH A QUESTION.
Tell us what’s happening
with the home.
Have an address and a deadline? Start there.
Ask about the report, the fee and the next step.
(848) 277-0785[email protected]Contact The Appraising Group →
The Appraising Group Toms River
2 NJ-37
Toms River, NJ 08753