We know that divorce can be very difficult. There are many issues that have to be resolved, including what happens to the house. There are generally two choices when it comes to real estate - it can be sold and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to order an appraisal of the residence.
Contact us if you require an appraisal dealing with a divorce or other allocation of assets.
A divorce appraisal should include a well-established, authoritative report that can be supported in court. Appraisal Associates guarantees an exceptional level of service with professional courtesy and top notch analysis. Working through the special challenges of a divorce situation is somewhat matter-of-fact for us.
Attorneys in VA and accountants depend on our analysis when figuring out what the real property is worth for estates, divorces, or other disputes where it is important. We have a lot of expertise working with everyone involved and are standing by to assist your needs. We submit appraisal reports that meet the requirements of the courts and various agencies.
For legal professionals working with a divorce, your case's research often needs an appraisal to ascertain fair market value for the residential real estate involved. Often the divorce date may not be the same as the date you ordered the appraisal. We're comfortable with the processes and what's fundamental to develop a retroactive appraisal that has an effective date and Fair Market Value opinion matching the date of divorce. For each divorce appraisal we perform we keep in mind that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, guaranteeing you the utmost discretion.