Dividing marital assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two alternatives when discussing common real estate - 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 commission an appraisal of the shared real estate.
Contact us if you require an appraisal related to a divorce or other allocation of assets.
When the intended use of an appraisal is a couple splitting up, it should include a well-supported, professional report that can be supported to a judge. When you order an appraisal from Hagan Real Estate, Inc., you are assured the best in service with courtesy and the highest quality appraisal. Through experience and education, we've learned how to provide for the sensitive needs of a divorce situation.
AL attorneys and accountants depend on our appraisals when calculating what the real property is worth for estates, divorces, or other disputes where it is in question. We have a great deal 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 that fulfill the requirements of the courts and various agencies.
As a legal professional representing a client in a divorce, your case's evidence typically 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're versed in the methods and the effort needed to develop a retroactive appraisal with an effective date and Fair Market Value conclusion that matches the date of divorce. We handle a reasonable number of divorce appraisals (unfortunately) and we understand that they need to be handled delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) means the highest amount of confidentiality, resulting in the utmost discretion.