Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two options when discussing real estate - it can be sold 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 mutual real estate.
Contact us if you require an appraisal for the purposes of a divorce or other division of assets.
When the purpose of an appraisal is a couple splitting up, it requires a well-established, expert document that is defensible during a trial. When you order an appraisal from P.M. Appraisals, Inc., you are assured the best in service with professional courtesy and well-supported conclusions. We also know how to care for the sensitive needs of a divorce situation.
NY attorneys and accountants rely on our values when figuring out real property values for estates, divorces, or other disputes where it is in question. We have a great deal of expertise dealing with all the parties involved and can readily handle your needs. We provide appraisal reports for courts or various agencies that meet or exceed their requirements.
As an attorney dealing with a divorce, your case's material facts regularly necessitates 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 ordered the appraisal. We're versed in the processes and the effort needed to complete a retroactive appraisal with 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 require prudence with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing you the utmost discretion.