Splitting up assets?
We understand that divorce is never easy. There are many choices looming, including what's going to happen to the house. There are generally two choices regarding the house - it can be put on the market and the proceeds split, or one party can "buy out" the other. In either case, one or both parties would be wise to order an appraisal of the joint real estate.
Contact us if you require an appraisal related to a divorce or other allocation of assets.
An appraisal for the purpose of assent division must have a well-established, expert report that is defensible in court. When you order an appraisal from Prompt Appraisal, you are assured the best in service with courtesy and top notch analysis. We also know how to provide for the delicate needs of a divorce situation.
Attorneys in MI and accountants rely on our appraisals when ascertaining real property values for estates, divorces, or other disputes where it is crucial. We have a great deal of expertise working with everyone involved and are ready to assist with your needs. We create appraisal documents that meet the requirements of the courts and various agencies.
For attorneys dealing with a divorce, your case's evidence often necessitates an appraisal to determine fair market value for the residential real estate involved. Many times the divorce date differs from the date you purchased the appraisal. We are familiar with the techniques and requirements necessary to perform a retroactive appraisal with an effective date and Fair Market Value conclusion corresponding to the date of divorce. For each divorce appraisal we are hired to do we understand that they require prudence delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, guaranteeing you the utmost discretion.