Splitting up marital assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices when discussing the shared residence - it can be sold and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to order an appraisal of the residence.
Contact us Choice Appraisals, Inc. can assist if you need an appraisal for the purposes of a divorce or other separation of assets.
When the intended use of an appraisal is the division of assets, it should include a well-established, professional report that is defensible during a trial. When you order an appraisal from Choice Appraisals, Inc., you are assured the best in service with professional courtesy and top notch analysis. We also know how to provide for the delicate needs of a divorce situation.
CA attorneys and accountants depend on our appraisals when determining real property values for estates, divorces, or other disputes requiring a value opinion. We have a great deal of expertise working with everyone involved and are ready to assist with your needs. We create appraisal reports that meet the requirements of the courts and various agencies.
For legal professionals working with a divorce, your case's material facts typically needs an appraisal to determine fair market value for the residential real estate involved. A great deal of the time the divorce date may not be the same as the date you purchased the appraisal. We are familiar with the procedures and the effort necessary to develop a retroactive appraisal that has an effective date and Fair Market Value estimate matching the date of divorce. For each divorce appraisal we handle we remain conscious of the fact that they require prudence with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which means the highest amount of confidentiality, resulting in the utmost discretion.