Dividing marital assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices when it comes to common real estate - 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 be wise to commission an appraisal of the shared real estate.
Contact us if you require an appraisal dealing with a divorce or other division of assets.
An appraisal for the purpose of assent division requires a well-supported, authoritative report that will hold up during a trial. When you order an appraisal from PSM Appraisals, LLC, you are assured the best in service with courtesy and the highest quality appraisal. Working through the special conditions of a divorce situation is not a problem for us.
NY attorneys as well as accountants depend on our analysis when calculating what the real property is worth for estates, divorces, or other disputes requiring a value opinion. We have a lot of expertise dealing with all the parties involved and are ready to assist with your needs. We submit appraisal documents that meet the requirements of the courts and various agencies.
As an attorney handling a divorce, your case's evidence frequently requires an appraisal to establish fair market value for the residential real estate involved. Often the divorce date may not be the same as the date you ordered the appraisal. We're comfortable with the techniques and the effort necessary to develop a retroactive appraisal with an effective date and Fair Market Value opinion corresponding to the date of divorce. For each divorce appraisal we handle we understand that they require prudence with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) compels us to keep the highest degree of confidentiality, ensuring the utmost discretion.