![]() Splitting up assets?Settling a divorce involves many decisions, including "Who gets the house". There are generally two alternatives when discussing real estate - 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 should get an appraisal of the residence. Contact us if your needs include an appraisal for the purposes of a divorce or other separation of assets. When the purpose of an appraisal is the division of assets, it must have a well-established, authoritative report that is defensible during a trial. When you order an appraisal from AMC Appraisal Co., Inc, you are assured the best in service with professional courtesy and the highest quality appraisal. Working through the particular challenges of a divorce situation is frequent territory for us. RI attorneys as well as accountants depend on our analysis when figuring out what the real property is worth for estates, divorces, or other disputes needing a value opinion. We have a lot of expertise working with everyone involved and are standing by to assist your needs. We provide appraisal documents that meet the requirements of the courts and various agencies. As a legal professional dealing with a divorce, your case's evidence typically requires an appraisal to ascertain fair market value for the residential real estate involved. Many times the divorce date differs from the date you purchased the appraisal. We're accustomed to the procedures and what is essential to develop a retroactive appraisal that has an effective date and Fair Market Value opinion that matches the date of divorce. We perform lots of divorce appraisals (unfortunately) and we understand that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, guaranteeing you the utmost discretion. |