Divorce Appraisals in the state of NY by P.M. Appraisals, Inc.
We know that divorce is a painful process. There are numerous issues that have to be resolved, including the fate of the shared residence. There are generally two options when discussing common real estate - it can be put up for sale and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to get an appraisal of the residence.
Contact us if you require an appraisal related to a divorce or other separation of assets.
A divorce appraisal must have a well-established, expert report that will hold up during a trial. When you order an appraisal from P.M. Appraisals, Inc., you are assured the best in service with professional courtesy and the highest quality appraisal. We understand how to handle the delicate needs of a divorce situation.
NY attorneys as well as accountants depend on our values when determining what the real property is worth for estates, divorces, or other disputes where it is in question. We have an abundance of expertise dealing with all the parties involved and can readily handle your needs. We create appraisal reports for courts or various agencies that meet or exceed their requirements.
For lawyers dealing 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 may not be the same as the date you purchased the appraisal. We are familiar with the methods and all that it means to perform a retroactive appraisal that has an effective date and Fair Market Value estimate that matches the date of divorce. We work on many divorce appraisals (unfortunately) and we understand that they require prudence with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, guaranteeing you the utmost discretion.