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Divorce
Finalizing a divorce involves many tough decisions, including who gets the house. There are generally two options - it can be sold and the proceeds divided, or one party can buy out the other. Regardless, a professional appraisal should be completed on behalf of one or both of the parties. An appraisal by a qualified independent professional third party is often required by state law to settle the divorce. Divorce appraisals require a well supported, professional appraisal that is defensible in court. We have staff members who are experienced in this kind of situation and have expert witness testimony experience. We can provide appraisal reports that meet the requirements of the courts and various agencies.
As an attorney handling a divorce, you may need an appraisal to establish fair market value for the residential real estate involved. Often the divorce date differs from the date you order the appraisal. We can perform a retroactive appraisal with an effective date and Fair Market Value estimate on the date of divorce.*
*The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, assuring the highest degree of discretion.
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Why Should You Get a Real Estate Appraisal? There are many reasons to have an appraisal done of your property. Click here for an overview.
Click below to find out about these top appraisal reasons. |
