Splitting up marital assets?Settling a divorce involves many decisions, including "Who gets the house". There are generally two choices when it comes to the house - it can be put up for sale and the proceeds split, 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 joint real estate. Contact us if you require an appraisal dealing with a divorce or other separation of assets. An appraisal for the purpose of assent division needs a well-supported, professional report that can be supported to a judge. Republic Valuations guarantees an exceptional level of service with professional courtesy and well-supported conclusions. Handling the special challenges of a divorce situation is not a problem for us. Attorneys in NY as well as accountants depend on our appraisals when ascertaining what the real property is worth for estates, divorces, or other disputes requiring a value opinion. We have an abundance of expertise working with everyone involved and are standing by to assist your needs. We create appraisal reports for courts or various agencies that meet or exceed their requirements. For attorneys representing a client in a divorce, your case's material facts frequently necessitates an appraisal to establish fair market value for the residential real estate involved. Often the divorce date differs from the date you requested the appraisal. We're versed in the procedures and the effort mandatory to develop a retroactive appraisal that has an effective date and Fair Market Value estimate matching the date of divorce. We perform many divorce appraisals (unfortunately) and we understand that they need to be handled with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, ensuring the utmost discretion. |