Splitting up assets?Settling a divorce involves many decisions, including "Who gets the house". There are generally two alternatives when discussing 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 would find it in their best interest to get an appraisal of the common real estate. Contact us if you require an appraisal related to a divorce or other separation of assets. When the intended use of an appraisal is a divorce settlement, it must have a well-established, authoritative report that can be supported during a trial. Morris Appraisal, Inc. pledges to give you the very best in service with professional courtesy and top notch analysis. Taking into account the particular conditions of a divorce situation is somewhat matter-of-fact for us. CA attorneys and accountants rely on our opinions when determining what the real property is worth for estates, divorces, or other disputes where it is material. We have a great deal of expertise working with everyone involved and are standing by to assist your needs. We submit appraisal reports that fulfill the requirements of the courts and various agencies. For lawyers working with a divorce, your case's evidence frequently requires an appraisal to ascertain fair market value for the residential real estate involved. Many times the divorce date differs from the date you purchased the appraisal. We're experienced with the methods and what is elementary to do a retroactive appraisal with an effective date and Fair Market Value conclusion matching the date of divorce. We perform a reasonable number of divorce appraisals and we understand that they require prudence delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) means the highest amount of confidentiality, resulting in the utmost discretion. |