Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two options when discussing common real estate - it can be put up for sale and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would be wise to commission an appraisal of the residence.
Contact us if you require an appraisal for the purposes of a divorce or other division of assets.
When the intended use of an appraisal is a divorce settlement, it needs a well-supported, expert value conclusion that will hold up in court. When you order an appraisal from AdvantEdge Valuation Services, LLC, you are assured the best in service with courtesy and the highest quality appraisal. Handling the special challenges of a divorce situation is not a problem for us.
Attorneys in IN and accountants depend on our opinions when determining what the real property is worth for estates, divorces, or other disputes needing a value opinion. We have a lot of expertise dealing with all the parties involved and We understand their needs and are used to dealing with all parties involved. We create appraisal reports that fulfill the requirements of the courts and various agencies.
As an attorney dealing with a divorce, your case's material facts regularly requires an appraisal to establish fair market value for the residential real estate involved. A great deal of the time the divorce date differs from the date you purchased the appraisal. We're comfortable with the techniques and what is imperative to complete a retroactive appraisal with an effective date and Fair Market Value conclusion that matches the date of divorce. We handle many divorce appraisals (unfortunately) and we understand that they require prudence delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which means the highest amount of confidentiality, guaranteeing you the utmost discretion.