Unfortunately, divorces due
occur and spouses often have a legal need to
divide their jointly-owned property up in a
fair manner. The only reasonable way to deal
with jointly owned real estate is to first
determine its value. We can provide such an
estimate. It's also important that you
choose an appraiser who has experience in
court, if the need should arise. The
appraiser
who provides you with an appraisal
will need to be able to adequately defend
that appraisal in court.
Testifying in court is not for the timid. Be
sure that any professional you use to value
your house has court experience. You'll need
someone who can also create any required
exhibits and present a professional
appearance.
There
are generally two options regarding the
house -
-
it can be sold and the proceeds
divided, or
-
one party can "buy out" the
other.
In either case, one or both
parties should order an appraisal of the
residence. Divorce appraisals require a
well supported, professional appraisal
that is defensible in court. When you
order an appraisal from us, you are
assured that you will get the best in
professional service, courtesy, and the
highest quality appraisal. We also know
how to handle the sensitive needs of a
divorce situation.
Attorneys and
Accountants rely on our values when
calculating real property values for
estates, divorces, or other disputes
requiring a value being placed on real
property. We understand their needs and
are used to dealing with all parties
involved. We provide appraisal reports
that meet the requirements of the courts
and various agencies.
Attorneys
handling a divorce generally include 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 are familiar
with the procedures and requirements
necessary to perform a retroactive
appraisal with an effective date and
Fair Market Value estimate matching the
date of divorce. The ethics provision
within the Uniform Standards of
Professional Appraisal Practice (USPAP)
binds us with confidentiality, ensuring
the fullest degree of discretion.
A litigation appraisal starts with a very
thorough inspection (not home inspection) of
your house. We
carefully record the important details that
might be needed later. We take dozens of
photographs of your
entire house, of the interior and exterior.
These images can then be used in court if
needed later. This photographic evidence
can be priceless if there are any
disagreements as to the factual details of
the appraisal.
To order an
appraisal of your property call us at
(907) 522-1031.