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Health & Fitness

How To Use The Internet For Appraisals and Valuations

The internet can be a valuable source of information and can reduce the often huge costs associated with divorce.
Valuations are the key to the division of assets and liabilities in a divorce. Use the internet and the existing professionals in your life to do a lot of preliminary research. If you and your spouse can divorce amicably you might not even need much more than the following resources.

Most of us have the majority of our wealth in our home/s, our vehicles, and "the market". Here are some sources to do inexpensive but realistic unbiased research:

YOUR HOME/HOMES

1.Zillow.com
provides free real estate information, including home prices, home values, and pricing for recently sold homes.
2. Listingbook.com valuations give you access to most of the same information that real estate professionals use to evaluate homes. Data ranges from property facts, value estimates, and a variety of important indicators of local and national changes in the housing market.

3. A local Realtor ( or realtors) whom you trust can give you values on your home. Of course, they do have skin in the game.

YOUR PERSONAL PROPERTY

1.Look to your insurance policy for values associated with your most precious household contents and jewelry. If they are listed individually then you can "trade" with your spouse.

YOUR CAR
To value new cars (retail or trade-in) and used car prices go to:

1. Kelly Blue Book
www.kbb.com/
or
2.Edmunds www.edmunds.com/

3.Hagerty
To value antique and collector cars:
www.Hagerty.com

YOUR STOCK AND BOND PORTFOLIO

Your broker/dealer(s) can help you with valuing your portfolio. Your monthly statement documents the value of your portfolio.

YOUR ART

To acess the value of your paintings, sculptures and other artwork go to:
1.www.Artnet.com

Possessions not listed on insurance policies can be valued by auction houses. Items such as stones and precious metals have a value in the marketplace and can be valued at jewelers.

If you have a straightforward financial picture there might not be a need to use appraisers unless you are planning to go to court or have a contested divorce.
The fore mentioned are reasonable avenues to use to gather the information you need. Appraisers cost a lot of money and don't necessarily add value. If you and your spouse can agree you will save time and money. I know it is hard to believe but most people say that all the experts they used only cost money and added stress and discord to the divorce process.




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