Handling a divorce? Prompt Appraisal has the expertise for these matters.
Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two options when it comes to 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 residence.
Contact us if your needs include an appraisal for the purposes of a divorce or other division of assets.
A divorce appraisal requires a well-established, expert document that will hold up in court. When you order an appraisal from Prompt Appraisal, you are assured the best in service with courtesy and the highest quality appraisal. Through experience and education, we've learned how to handle the delicate needs of a divorce situation.
MI attorneys as well as accountants depend on our analysis when determining real property values for estates, divorces, or other disputes where it is crucial. We have a lot of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We submit appraisal documents for courts or various agencies that meet or exceed their requirements.
For legal professionals handling a divorce, your case's evidence regularly requires an appraisal to determine fair market value for the residential real estate involved. A great deal of the time the divorce date may not be the same as the date you ordered the appraisal. We are familiar with the methods and what it entails to complete a retroactive appraisal that has an effective date and Fair Market Value conclusion matching the date of divorce. We perform a reasonable number of divorce appraisals (unfortunately) and we understand that they require prudence with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) means the highest amount of confidentiality, guaranteeing you the utmost discretion.