Settling a divorce involves many decisions, including "Who gets the house". 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 mutual real estate.
Contact us if you require an appraisal dealing with a divorce or other division of assets.
An appraisal for the purpose of assent division needs a well-supported, authoritative report that is defensible to a judge. Appraisal Professionals guarantees the very best in service with professional courtesy and well-supported conclusions. We also know how to care for the prickly needs of a divorce situation.
TX attorneys and accountants rely on our opinions when ascertaining real property values for estates, divorces, or other disputes depending on a value opinion. We have a great deal of expertise dealing with all the parties involved and are ready to assist with your needs. We submit appraisal documents that meet the requirements of the courts and various agencies.
As a lawyer working with a divorce, your case's material facts frequently needs an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date differs from the date you requested the appraisal. We're experienced with the processes and what is imperative to perform a retroactive appraisal that has an effective date and Fair Market Value estimate that matches the date of divorce. We work on lots of divorce appraisals (unfortunately) and we understand that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which means the highest amount of confidentiality, ensuring the utmost discretion.