Divorce is a painful process in which there are many decisions to be made including ‘who’s staying’ and ‘who’s going’ when determining what happens to the house. Often times the home is put up for sale in which the profits are split or otherwise one of the parties typically buys out the other.
In either case, one or both parties should hire the services of a professional real estate appraiser to estimate the fair market value of the home. An appraisal for asset division should include a well-supported, professional report that’s defensible in court.
Many times the divorce date differs from the inspection date of the appraisal thus requiring a retrospective appraisal that has an effective date and value estimate corresponding to the date of divorce or filing. We’ve completed divorce appraisals over the years so we understand exactly what’s involved as well as the need to handle these situations with the utmost care.
Were bound by the ethics provision in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP). Also, the Standards of Professional Practice of the Appraisal Institute which incorporates USPAP.
When you work with the ‘Mountain High Appraisal Services’ you can be assured you’ll get the best in professional service, courtesy, and you’ll receive the highest quality appraisal reports.
I will also respect and protect the privacy of your needs in a divorce situation. Give us a call today with any questions you might have.