Dividing assets?We understand that divorce is a painful process. There are numerous issues that have to be resolved, including the status of the home. There are generally two choices when discussing the house - it can be put up for sale and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties should order an appraisal of the joint real estate.
A divorce appraisal requires a well-established, authoritative value conclusion that is defensible to a judge. Precise Home Appraisal Inc. guarantees the very best in service with professional courtesy and the highest quality appraisal. Handling the particular challenges of a divorce situation is familiar territory for us.
Attorneys and accountants in Michigan rely on our appraisals when determining what real property is worth for estates, divorces, or other disputes where it is crucial. We understand their needs and are used to dealing with all parties involved. We create appraisal documents that meet the requirements of the courts and various agencies.
As a lawyer working with a divorce, your case's material facts customarily require an appraisal to determine market value for the residential real estate involved. Many times the divorce date may not be the same as the date you ordered the appraisal. We're comfortable with the methods and the effort requisite to complete a retrospective appraisal that has an effective date and Market Value estimate matching the date of divorce. We work on lots of divorce appraisals , and we understand that they need to be handled with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, resulting in the utmost discretion.
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