Splitting up assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices regarding the shared residence - it can be put up for sale and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties should get an appraisal of the residence.
Contact us if you require an appraisal related to a divorce or other division of assets.
An appraisal for the purpose of assent division needs a well-established, professional report that can be supported in court. Harold Canum's-Appraisal Resource guarantees an exceptional level of service with professional courtesy and well-supported conclusions. We also know how to handle the prickly needs of a divorce situation.
Attorneys in CA and accountants depend on our opinions when figuring out real property values for estates, divorces, or other disputes where it is relevant. We have a lot of expertise dealing with all the parties involved and We understand their needs and are used to dealing with all parties involved. We create appraisal documents that fulfill the requirements of the courts and various agencies.
As a legal professional representing a client in a divorce, your case's material facts typically needs an appraisal to ascertain fair market value for the residential real estate involved. Often the divorce date differs from the date you purchased the appraisal. We're comfortable with the processes and all that it entails to complete a retroactive appraisal that has an effective date and Fair Market Value conclusion that matches the date of divorce. We handle lots of divorce appraisals (unfortunately) and we understand that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which means the highest amount of confidentiality, ensuring the utmost discretion.
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