![]() Splitting up assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices regarding common real estate - it can be put up for sale and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties would be wise to get an appraisal of the common real estate. Contact us if your needs include an appraisal related to a divorce or other allocation of assets. A divorce appraisal should include a well-supported, expert value conclusion that can be supported in court. When you order an appraisal from Northern Living Appraisals, you are assured the best in service with courtesy and well-supported conclusions. Handling the sensitive challenges of a divorce situation is familiar territory for us. Attorneys in MI and accountants depend on our values when calculating what the real property is worth for estates, divorces, or other disputes where it is in question. We have a lot of expertise dealing with all the parties involved and We understand their needs and are used to dealing with all parties involved. We submit appraisal reports for courts or various agencies that meet or exceed their requirements. For lawyers handling a divorce, your case's research often needs an appraisal to determine fair market value for the residential real estate involved. A great deal of the time the divorce date differs from the date you purchased the appraisal. We're comfortable with the methods and what is imperative to do a retroactive appraisal that has an effective date and Fair Market Value conclusion that matches the date of divorce. For each divorce appraisal we handle we keep in mind that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which compels us to keep the highest degree of confidentiality, ensuring the utmost discretion. |