AVS, Inc.

 

     Divorce Appraisals    

Getting a divorce involves many decisions, including "who gets the house"?

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 -

1. it can be sold and the proceeds divided, or

2. 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.