Settling a divorce involves many decisions, including "Who gets the house". There are generally two alternatives regarding common real estate - it can be sold and the proceeds split, or one party can "buy out" the other. In either case, one or both parties would be wise to order an appraisal of the residence.
Contact us if your needs include an appraisal dealing with a divorce or other allocation of assets.
An appraisal for the purpose of assent division must have a well-supported, expert document that can be supported during a trial. When you order an appraisal from Elite Appraisal Services, you are assured the best in service with courtesy and well-supported conclusions. Working through the special challenges of a divorce situation is not a problem for us.
TX attorneys as well as accountants rely on our values when ascertaining real property values for estates, divorces, or other disputes depending on a value opinion. We have an abundance of expertise working with everyone involved and are ready to assist with your needs. We submit appraisal reports that fulfill the requirements of the courts and various agencies.
As a legal professional handling a divorce, your case's material facts regularly needs an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date can be different from the date you requested the appraisal. We are familiar with the procedures and what it takes to perform a retroactive appraisal that has an effective date and Fair Market Value estimate that matches the date of divorce. For each divorce appraisal we are hired to do we understand that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, ensuring the utmost discretion.