Dividing marital assets?Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two choices regarding the house - 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 order an appraisal of the mutual real estate. Contact us if you require an appraisal for the purposes of a divorce or other allocation of assets. When the purpose of an appraisal is a couple splitting up, it requires a well-supported, expert document that is defensible to a judge. When you order an appraisal from Petty Appraisals, you are assured the best in service with professional courtesy and well-supported conclusions. Working through the particular conditions of a divorce situation is somewhat matter-of-fact for us. Attorneys in NC and accountants depend on our values when calculating real property values for estates, divorces, or other disputes where it is in question. We have a lot 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 an attorney representing a client in a divorce, your case's research often requires an appraisal to ascertain fair market value for the residential real estate involved. Many times the divorce date can be different from the date you purchased the appraisal. We're experienced with the techniques and what it means to do a retroactive appraisal that has an effective date and Fair Market Value conclusion matching the date of divorce. We perform a reasonable number of divorce appraisals and we understand that they need to be handled with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, guaranteeing you the utmost discretion. |