Splitting up assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices when it comes to common real estate - it can be put on the market and the proceeds split, or one party can "buy out" the other. In either case, one or both parties should commission an appraisal of the residence.
Contact us if your needs include an appraisal for the purposes of a divorce or other separation of assets.
A divorce appraisal requires a well-established, authoritative document that will hold up in court. When you order an appraisal from The Appraisal Firm, you are assured the best in service with courtesy and the highest quality appraisal. Taking into account the particular conditions of a divorce situation is not a problem for us.
Attorneys in CA as well as accountants depend on our analysis when determining what the real property is worth for estates, divorces, or other disputes where it is material. We have a great deal of expertise dealing with all the parties involved and can readily handle your needs. We create appraisal reports for courts or various agencies that meet or exceed their requirements.
For lawyers dealing with a divorce, your case's evidence often needs an appraisal to determine fair market value for the residential real estate involved. Often the divorce date may not be the same as the date you ordered the appraisal. We're comfortable with the methods and what's requisite to do a retroactive appraisal with an effective date and Fair Market Value opinion that matches the date of divorce. We handle lots of divorce appraisals (unfortunately) and we understand that they need to be handled with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, resulting in the utmost discretion.