Splitting up assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two alternatives when discussing common real estate - it can be put on the market and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties would be wise to order an appraisal of the shared real estate.
Contact us Appraisals Residential can assist if you need an appraisal for the purposes of a divorce or other division of assets.
When the intended use of an appraisal is a couple splitting up, it should include a well-supported, authoritative document that is defensible in court. When you order an appraisal from Appraisals Residential, you are assured the best in service with professional courtesy and the highest quality appraisal. Through experience and education, we've learned how to handle the prickly needs of a divorce situation.
CA attorneys and accountants rely on our opinions when calculating real property values for estates, divorces, or other disputes where it is material. We have a lot of expertise dealing with all the parties involved and can readily handle your needs. We create appraisal reports that fulfill the requirements of the courts and various agencies.
For legal professionals representing a client in a divorce, your case's evidence often necessitates an appraisal to determine fair market value for the residential real estate involved. Many times the divorce date may not be the same as the date you requested the appraisal. We're experienced with the procedures and what it entails to perform a retroactive appraisal that has an effective date and Fair Market Value conclusion that matches the date of divorce. We work on a reasonable number of divorce appraisals (unfortunately) and we understand that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, resulting in the utmost discretion.