Splitting up assets?
We realize that divorce is a painful process. There are numerous choices that have to be finalized, including what to do with the house. There are generally two options regarding common real estate - it can be put on the market 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 joint real estate.
Contact us if your needs include an appraisal dealing with a divorce or other allocation of assets.
When the purpose of an appraisal is the division of assets, it should include a well-supported, authoritative value conclusion that can be supported to a judge. Accuracy Matters Appraisals guarantees an exceptional level of service with professional courtesy and well-supported conclusions. Handling the particular challenges of a divorce situation is somewhat matter-of-fact for us.
TN attorneys and accountants depend on our analysis when determining what the real property is worth for estates, divorces, or other disputes where it is in question. We have a great deal of expertise dealing with all the parties involved and can readily handle your needs. We create appraisal documents that meet the requirements of the courts and various agencies.
For attorneys dealing with a divorce, your case's research often needs an appraisal to establish fair market value for the residential real estate involved. Many times the divorce date may not be the same as the date you requested the appraisal. We're comfortable with the processes and what is vital to develop a retroactive appraisal with an effective date and Fair Market Value conclusion corresponding to the date of divorce. We handle a reasonable number of divorce appraisals and we understand that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, guaranteeing you the utmost discretion.