Splitting up marital assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two alternatives regarding the shared residence - 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 residence.
Contact us if you require an appraisal dealing with a divorce or other division of assets.
An appraisal for the purpose of assent division must have a well-supported, expert value conclusion that will hold up during a trial. When you order an appraisal from EDI Appraisals, Inc., you are assured the best in service with courtesy and the highest quality appraisal. Taking into account the special challenges of a divorce situation is somewhat matter-of-fact for us.
Attorneys in TX and accountants rely on our opinions when figuring out real property values for estates, divorces, or other disputes needing a value opinion. We have a great deal of expertise working with everyone involved and are standing by to assist your needs. We create appraisal documents for courts or various agencies that meet or exceed their requirements.
For legal professionals working with a divorce, your case's research typically necessitates an appraisal to establish fair market value for the residential real estate involved. Often the divorce date differs from the date you ordered the appraisal. We're comfortable with the procedures and what it takes to do a retroactive appraisal that has an effective date and Fair Market Value conclusion corresponding to the date of divorce. We handle lots of divorce appraisals and we understand that they require prudence with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, resulting in the utmost discretion.