Splitting up assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices when discussing common real estate - it can be put on the market 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 commission an appraisal of the shared real estate. Contact us if your needs include an appraisal for the purposes of a divorce or other allocation of assets. When the intended use of an appraisal is a couple splitting up, it needs a well-supported, authoritative value conclusion that will hold up to a judge. When you order an appraisal from Prime Real Estate Appraisals LLC, you are assured the best in service with courtesy and top notch analysis. Working through the special needs of a divorce situation is common territory for us. Attorneys in PA and accountants rely on our appraisals when figuring out real property values for estates, divorces, or other disputes where it is important. We have a lot of expertise dealing with all the parties involved and are ready to assist with your needs. We provide appraisal reports for courts or various agencies that meet or exceed their requirements. For attorneys handling a divorce, your case's research often requires an appraisal to ascertain fair market value for the residential real estate involved. A lot of the time the divorce date can be different from the date you requested the appraisal. We are familiar with the procedures and what is imperative to complete a retroactive appraisal that has an effective date and Fair Market Value conclusion corresponding to the date of divorce. We perform a reasonable number of divorce appraisals (unfortunately) and we understand that they need to be handled with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost discretion. |