Splitting up marital assets?
Settling a divorce involves many decisions, including "Who gets the house". There are generally two choices regarding the shared residence - it can be sold 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 residence.
Contact us Elite Appraisal Services can assist if you need an appraisal related to a divorce or other allocation of assets.
An appraisal for the purpose of assent division requires a well-supported, professional value conclusion that is defensible to a judge. Elite Appraisal Services pledges to give you an exceptional level of service with courtesy and the highest quality appraisal. We also know how to care for the prickly needs of a divorce situation.
Attorneys in TX as well as accountants depend on our opinions when figuring out what the real property is worth for estates, divorces, or other disputes where it is important. We have a lot of expertise dealing with all the parties involved and can readily handle your needs. We create appraisal reports that meet the requirements of the courts and various agencies.
For legal professionals handling a divorce, your case's material facts often necessitates 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 purchased the appraisal. We're comfortable with the methods and all that it takes to perform a retroactive appraisal with an effective date and Fair Market Value conclusion matching the date of divorce. We perform lots 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 binds us with confidentiality, ensuring the utmost discretion.