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In finalizing a divorce there are many decisions to be made and the question "Who gets the house?" will surely come up. Where the house is concerned there are two main options - any profits gained upon selling the property can be divided, or as an alternative one party can be "bought out" by the other. An appraisal of the residence should be organized by one or both of the parties, whichever option is chosen. A certified appraisal is a necessity where divorce appraisals are concerned, one which will stand up in court. Our appraisals ensure the highest quality through the best in professional service. The circumstances surrounding a divorce can be sensitive and we know how to handle such situations.
Parties relevant in the calculation of real property values (such as Accountants and Lawyers) value our principles when it comes to estates, divorces or other situations in need of real property valuations. We deal with all relevant parties and know their requirements. All court or assorted agency requirements are met with our appraisals.
An attorney handling a divorce case will usually need an appraisal to determine a Fair Market Value for the residential property. The date of divorce is frequently different from the date of the requested appraisal. The requirements and procedures needed to carry out an effective and retroactive appraisal are well known to us, an appraisal with a Fair Market Value estimate which matches up to the date of divorce. We are bound to confidentiality by the Uniform Standards of Professional Appraisal Practices (USPAP) ethics provision, meaning discretion is ensured to its fullest extent.
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