Splitting up assets?
We know that divorce is never easy. There are many decisions that have to be finalized, including the status of the shared residence. There are generally two choices when discussing real estate - it can be sold and the proceeds split, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to commission an appraisal of the shared real estate.
Contact us if you require an appraisal dealing with a divorce or other division of assets.
A divorce appraisal should include a well-supported, authoritative report that is defensible in court. When you order an appraisal from First Class Appraisals, you are assured the best in service with courtesy and top notch analysis. Working through the special conditions of a divorce situation is common territory for us.
Attorneys in CA and accountants rely on our analysis when determining what the real property is worth for estates, divorces, or other disputes where it is relevant. We have an abundance of expertise working with everyone involved and are ready to assist with your needs. We provide appraisal documents that meet the requirements of the courts and various agencies.
As a lawyer working with a divorce, your case's material facts regularly requires an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date may not be the same as the date you purchased the appraisal. We're versed in the techniques and all that it entails to do a retroactive appraisal with an effective date and Fair Market Value opinion corresponding to the date of divorce. For each divorce appraisal we are hired to do we keep in mind that they need to be handled with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which compels us to keep the highest degree of confidentiality, ensuring the utmost discretion.