NJREM Collaborative Professional Services

When determined appropriate and with the approval of their client(s), New Jersey Real Estate Mediation, LLC is positioned to recommend Collaborative Professional Service Providers and utilize associated professional resources to assist in resolving Real Estate, Business and related issues through non- adversarial methods of conflict resolution.

Workouts, Bankruptcy, Divorce, Foreclosure & Related Mediation Consultation

Advisory Counsel / Legal

Attorneys whose specializations include representing debtors, unsecured creditors and secured creditors in bankruptcy, foreclosures proceedings and out-of-court restructurings in residential, commercial, office, industrial, land, business and all other real estate venues. Arbitration and Mediation, Bankruptcy (Chapter 7, 11 and 13), Investor & Creditor Victims of Fraud, Business Dissolution and Disputes, Foreclosure Rights, Creditors' Rights (Secured and Unsecured), Real Estate / Mortgage & Foreclosure Fraud, Partnership Disputes & Shareholder Lawsuits, Mortgage and Tax foreclosure, Reorganization & Insolvency, Distressed Sales, Orderly & Forced Liquidation, Family and Matrimonial Law /Divorce…and more.

Licensed Real Estate Appraisers / Designations

For virtually all varieties of Residential, Commercial, Office, Land, Industrial, and related Real Estate properties.

The services provided in Real Estate Appraisal / Evaluation Techniques include (1) The Cost Approach (2) Sales Comparison Approach (3) Income Capitalization Approach. There are several types and definitions of value sought by a real estate appraisal. Some of the most common are (1) Market value (2) Value-in-use, or use value (3) Investment value (4) Insurable value (5) Liquidation value.

Valuations are performed by qualified, professional appraisers (MAI, SRA, SRPA Designated and AL-GRS and AL-RRS Review Designated Appraisers) experienced by description in evaluating residential, commercial, industrial, and other types of properties and in all aspects of business valuation and business transfers. Valuations are performed in compliance with the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation (USPAP).

Licensed Business Appraisers / Designations

A business valuation or appraisal is the independent and unbiased process of determining a supportable opinion of the value of a business, business ownership interest, security or intangible asset as of a specified date. Valuations are performed by qualified appraisers (ASA (Accredited Senior Appraiser); CBA (Certified Business Appraiser), and CVA and ABV certified, which are specifically available only to CPAs. They are governed by the Business Appraisal Standards of the Institute of Business Appraisers. Business valuations are often utilized in business sales, financing, shareholder agreements and disputes, divorce, insurance claims, mergers, litigation, partnership buyouts and valuation reports.

Real Estate Experts

Real Estate Experts provide consulting and expert witness assistance and services can be applicable to valuation, marketability, property tax appeals, business disputes, condemnation, construction defects, environmental hazards, wrongful foreclosures, use approvals / variance, supportive case representation…..and more.

Real Estate Auctioneers / Auctions

Type of Auction Representation:

(1) Absolute Auction (or auction without reserve) (2) Minimum Bid Auction (3) Reserve Auction (an auction subject to confirmation)

Selected Sample of Services can include business liquidations, foreclosure auctions, developer close-outs, REO sales, farms / vacant lands, trusts, multifamily, individual and multiple homes, condominiums & townhouse auctions….and more. We consult with Banks, REITS, Bankruptcy Attorneys, Insolvency Professionals, Builders, Realtors and Trustees, and other related groups to determine the most efficient and cost effective strategy for real estate asset portfolios.

Forensic and Certified Public Accountants

Forensic accounting, forensic accountancy or financial forensics involves investigative work by accountants and investigators to uncover information in the books, records, financial statements and electronic financial records of companies, individuals, partnerships and businesses. Forensic accountants often seek to uncover evidence of improper payments and disguised transactions after a bankruptcy or corporate scandal, or to uncover the real earnings of a party in a lawsuit, such as a spouse hiding income or assets to avoid an equitable distribution in divorce. Forensic Accounting experts serve as expert witnesses and forensic consultants in New Jersey legal matters, and provide expert reports and testimony for judges, attorneys, lawyers, law firms, insurance companies and government agencies in Federal and state court trials and arbitrations in New Jersey.

It is the specialty practice area of accounting that describes engagements that result from actual or anticipated disputes or litigation. "Forensic" means "suitable for use in a court of law", and it is to that standard and potential outcome that forensic accountants generally have to work. Forensic accountants, also referred to as forensic auditors or investigative auditors, often have to give expert evidence at the eventual trial. Categories may fall under Economic Damages, Bankruptcy, Insolvency and Reorganization and Business Valuation.

Distressed / Divorce Funding

Premise: Using the equity in your property to fund and/or securing alternative capital resources: (Selected Sample based on qualified borrowers.) To utilize for attorney fees, forensic accountant’s fees, spousal buyouts / marital residence, reasonable living allowances, mediation / arbitration fees, purchases / refinances. Private equity partnerships...and more.

Certified Divorce Financial Analysts

Divorce Financial Analysts specialize in the financial issues surrounding divorce. The role of the CDFA includes acting as an advisor to one party's divorce lawyer, or as a mediator for both parties. A CDFA uses his or her knowledge of tax law, asset distribution, and short- and long-term financial planning to achieve an equitable settlement.

Certified Financial Planners

Representation by individuals holding professional designations, pre-approved by the CFP Board, which include attorneys, Certified Public Accountants (CPA), Chartered Certified Accountants (ACCA), Chartered Accountants (CA), Chartered Wealth Managers (AAFM), Chartered Life Underwriters (CLU), Chartered Financial Consultants (ChFC), and Chartered Financial Analysts (CFA).

Selected Sample of Services that can affect Real Estate Settlement may include insurance planning, investment and securities planning, state and federal income tax planning, asset protection, retirement and estate planning, financial planning... and more.

Property Preservation / Asset Management / Inspection

Available services include property preservation, inspection, and repair services for pre-foreclosure, REO and vacant properties. We provide a full spectrum of field services that include onsite inspections and occupancy reports; property maintenance and repairs.; everything from initial secures, trash-outs, cleanup, lawn maintenance / landscaping damaged replacement, rehab, staging for resale, cosmetic and required repair and replacement for interior and exterior sustainability; review of all mechanical systems and major components of the property; and meeting certificate of occupancy requirements.

Supervise tenant relations and retention management; oversight of transition in owners, properties, tenants and systems. Risk management of insurance and asset protection; vendor relations, pricing and purchase management; Valuation Services: A complete range of services from broker price opinions and automated valuation models, to full appraisals, forensic and desk reviews. Drive-by & Interior broker price opinions. Settlement Services: Third party services that include title, escrow, document prep, attorney coordination, scheduling, funding... and much more.

Real Estate Environmental / Engineering / Construction

Engineering, Consulting and Construction services involving real estate disputes are available, involving Due Diligence, Cleanup & Risk Mitigation, Environmental Review, Construction Monitoring, Land Development, Structural & Property Condition Assessments, Phase l & Phase II Environmental Site Assessments and Monitoring; Excavation and Disposal of Contaminated Soils; Investigating and Remediating Groundwater Contamination, Providing Regulatory Oversight...and more.

Real Estate & Business Qualified Mediators

Real Estate and Business Mediators can propose creative solutions or accommodations to resolve issues. The process is less expensive than a prolonged and costly trial. It also provides a feasible economic and time sensitive advantage whereas in a court of law and where the case is public, clients do not know how a judge will render their decision. The matter is controlled throughout the process by both parties and is confidential and no part of the process or anything discussed during it can be used by or against any party if the efforts are unsuccessful and a trial is held.

Certified Arbitrators / Real Estate / Business

As an alternative to mediation, arbitration can be utilized. Arbitrators are typically attorneys or a retired Supreme Court judge. When parties submit to arbitration, they agree to be bound by and comply with the arbitrator’s decision. The arbitrator’s decision is given after an informal proceeding where each side presents evidence and witnesses. There is no discovery and is used as a means to settle a matter in order to avoid the expense, delay and acrimony of litigation. Opinions are not public record.

Please note: The above Collaborative Professional Member descriptions represent a selected sample of their services. If you do not see a service you require, please contact us at njrem@optimum.net for further assistance.