Finalizing a divorce involves many decisions, including "who gets the house." There are generally two options regarding 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 should order an appraisal of the residence. Divorce appraisals require a well supported, professional appraisal.
Attorneys and Accountants rely on an Appraiser's Opinion of Value when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. We understand their needs and are accustomed to dealing with all parties involved. We provide appraisal reports that meet the requirements of the courts and various agencies.
The needs of an Attorney handling a divorce often times include an appraisal to establish Fair Market Value for the residential real estate involved. And many times the divorce date differs from the date the appraisal was ordered. We are familiar with the procedures and requirements necessary to perform a retroactive appraisal with an effective date and Fair Market Value estimate indicative of the date of divorce. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the highest degree of discretion.