Dividing assets?Settling a divorce involves many decisions, including "Who gets the house". There are generally two choices regarding real estate - it can be put up for sale and the proceeds split, 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 dealing with a divorce or other division of assets. A divorce appraisal must have a well-established, authoritative report that can be supported during a trial. Coastal Appraisal pledges to give you an exceptional level of service with courtesy and top notch analysis. Working through the particular conditions of a divorce situation is common territory for us. Attorneys in VA as well as accountants rely on our analysis when figuring out what the real property is worth for estates, divorces, or other disputes where it is relevant. We have a great deal of expertise working with everyone involved and are ready to assist with your needs. We submit appraisal reports for courts or various agencies that meet or exceed their requirements. For attorneys working with a divorce, your case's material facts 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 requested the appraisal. We're experienced with the processes and what is imperative to do a retroactive appraisal with an effective date and Fair Market Value estimate that matches the date of divorce. We perform many divorce appraisals (unfortunately) and we understand that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which compels us to keep the highest degree of confidentiality, guaranteeing you the utmost discretion. |