![]() Splitting up assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices when it comes to 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 should get an appraisal of the common real estate. Contact us PSM Appraisals, LLC can help if you need an appraisal for the purposes of a divorce or other separation of assets. An appraisal for the purpose of assent division should include a well-supported, authoritative document that is defensible to a judge. PSM Appraisals, LLC pledges to give you the very best in service with professional courtesy and well-supported conclusions. We also know how to handle the delicate needs of a divorce situation. NY attorneys and accountants rely on our analysis when figuring out real property values for estates, divorces, or other disputes depending on a value opinion. We have a great deal 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. As a lawyer working with a divorce, your case's material facts typically necessitates an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date may not be the same as the date you ordered the appraisal. We're versed in the processes and all that it takes to develop a retroactive appraisal that has an effective date and Fair Market Value estimate corresponding to the date of divorce. For each divorce appraisal we are hired to do we keep in mind that they require prudence delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, resulting in the utmost discretion. |