Dividing marital assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two options when it comes to the shared residence - 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 would find it in their best interest to order an appraisal of the mutual real estate.
Contact us Herrin Appraisal Company can assist if you need an appraisal for the purposes of a divorce or other separation of assets.
An appraisal for divorce purposes should include a well-established, authoritative value conclusion that can be supported during a trial. When you order an appraisal from Herrin Appraisal Company, you are assured the best in service with professional courtesy and the highest quality appraisal. Handling the particular challenges of a divorce situation is not a problem for us.
NC attorneys and accountants depend on our opinions when determining what the real property is worth for estates, divorces, or other disputes needing a value opinion. We have an abundance of expertise working with everyone involved and We understand their needs and are accustomed to dealing with all parties involved. We create appraisal reports that fulfill the requirements of the courts and various agencies.
As a lawyer representing a client in a divorce, your case's evidence typically necessitates an appraisal to determine fair market value for the residential real estate involved. Many times the divorce date can be different from the date you ordered the appraisal. We're experienced with the procedures and all that it means to do a retroactive appraisal with an effective date and Fair Market Value conclusion corresponding to the date of divorce. We perform lots of divorce appraisals and we understand that they require prudence with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, resulting in the utmost discretion.
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