Splitting up marital assets?
Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two options when discussing the house - 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 be wise to commission an appraisal of the residence.
Contact us if you require an appraisal dealing with a divorce or other division of assets.
When the purpose of an appraisal is the division of assets, it should include a well-established, authoritative report that is defensible in court. All City Appraisal guarantees the very best in service with courtesy and well-supported conclusions. We understand how to care for the prickly needs of a divorce situation.
Attorneys in CA as well as accountants depend on our opinions when calculating real property values for estates, divorces, or other disputes needing a value opinion. We have an abundance of expertise dealing with all the parties involved and are ready to assist with your needs. We create appraisal documents that fulfill the requirements of the courts and various agencies.
For lawyers handling a divorce, your case's research frequently needs an appraisal to ascertain fair market value for the residential real estate involved. Many times the divorce date can be different from the date you purchased the appraisal. We are familiar with the processes and all that it takes to perform a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of divorce. We handle a reasonable number of divorce appraisals and we understand that they need to be handled delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) means the highest amount of confidentiality, guaranteeing you the utmost discretion.