Dividing marital assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices regarding 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 would find it in their best interest to commission an appraisal of the residence.
Contact us if you require an appraisal for the purposes of a divorce or other division of assets.
When the purpose of an appraisal is a divorce settlement, it should include a well-supported, expert value conclusion that will hold up in court. When you order an appraisal from Precision Appraisal Group, LLC, you are assured the best in service with professional courtesy and well-supported conclusions. Working through the sensitive challenges of a divorce situation is somewhat matter-of-fact for us.
Attorneys in TX as well as accountants depend on our values when determining what the real property is worth for estates, divorces, or other disputes depending on 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 legal professional working with a divorce, your case's evidence typically necessitates an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date may not be the same as the date you requested the appraisal. We are familiar with the techniques and what's mandatory to perform a retroactive appraisal with an effective date and Fair Market Value estimate corresponding to the date of divorce. We work on lots of divorce appraisals (unfortunately) and we understand that they require prudence with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) means the highest amount of confidentiality, guaranteeing you the utmost discretion.