Splitting up assets?
We know that divorce is a painful process. There are many decisions to worry about, including the fate of the shared residence. There are generally two options when discussing 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 order an appraisal of the joint real estate.
Contact us REID E. CHOATE & ASSOCIATES, LLC is at your service if you need an appraisal dealing with a divorce or other separation of assets.
A divorce appraisal needs a well-established, expert report that will hold up to a judge. REID E. CHOATE & ASSOCIATES, LLC pledges to give you the very best in service with professional courtesy and top notch analysis. Taking into account the special challenges of a divorce situation is frequent territory for us.
HI attorneys and accountants depend on our analysis when ascertaining what the real property is worth for estates, divorces, or other disputes needing a value opinion. We have a lot of expertise working with everyone involved and are ready to assist with your needs. We submit appraisal reports for courts or various agencies that meet or exceed their requirements.
For lawyers representing a client in a divorce, your case's material facts typically requires an appraisal to ascertain fair market value for the residential real estate involved. Often the divorce date may not be the same as the date you purchased the appraisal. We're experienced with the procedures and what it takes to perform a retroactive appraisal that has an effective date and Fair Market Value estimate corresponding to the date of divorce. We perform lots of divorce appraisals (unfortunately) and we understand that they need to be handled with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, guaranteeing you the utmost discretion.
Got a Question?
Do you have a question relating to real estate appraisals? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.