Splitting up marital assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two options when discussing the shared residence - 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 be wise to commission an appraisal of the residence.
Contact us if you require an appraisal dealing with a divorce or other allocation of assets.
An appraisal for the purpose of assent division requires a well-supported, professional value conclusion that will hold up during a trial. Bohannon Appraisal Service guarantees an exceptional level of service with courtesy and well-supported conclusions. Handling the sensitive conditions of a divorce situation is not a problem for us.
CA attorneys as well as accountants rely on our values when calculating what the real property is worth for estates, divorces, or other disputes where it is crucial. We have an abundance of expertise dealing with all the parties involved and are standing by to assist your needs. We submit appraisal documents for courts or various agencies that meet or exceed their requirements.
For legal professionals dealing with a divorce, your case's material facts typically requires an appraisal to establish fair market value for the residential real estate involved. A great deal of the time the divorce date can be different from the date you requested the appraisal. We are familiar with the techniques and all that it entails to do a retroactive appraisal that has an effective date and Fair Market Value conclusion that matches the date of divorce. We perform many divorce appraisals (unfortunately) 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, resulting in the utmost discretion.