Splitting up marital assets?
Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two choices when it comes to common real estate - it can be sold and the proceeds split, 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 HillsideRealEstateAppraisal can assist if you need an appraisal dealing with a divorce or other separation of assets.
An appraisal for the purpose of assent division should include a well-supported, expert report that can be supported to a judge. HillsideRealEstateAppraisal guarantees the very best in service with professional courtesy and the highest quality appraisal. Through experience and education, we've learned how to handle the prickly needs of a divorce situation.
Attorneys in CA as well as accountants depend on our values when determining real property values for estates, divorces, or other disputes where it is material. We have a lot of expertise dealing with all the parties involved and can readily handle your needs. We provide appraisal documents that meet the requirements of the courts and various agencies.
For legal professionals representing a client in a divorce, your case's research typically necessitates an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date differs from the date you purchased the appraisal. We're comfortable with the methods and what is essential to do a retroactive appraisal with an effective date and Fair Market Value opinion that matches the date of divorce. For each divorce appraisal we handle we keep in mind that they need to be handled delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, resulting in the utmost discretion.