Divorce settlements involve many decisions, including "Who gets the house". There are generally two options when discussing common real estate - it can be put on the market 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 shared real estate.
Contact us Baker P. Lee Jr. can assist if you need an appraisal related to a divorce or other separation of assets.
When the intended use of an appraisal is a divorce settlement, it requires a well-supported, authoritative document that can be supported during a trial. Baker P. Lee Jr. guarantees the very best in service with professional courtesy and well-supported conclusions. We understand how to care for the delicate needs of a divorce situation.
Attorneys in CA as well as accountants rely on our opinions when figuring out what the real property is worth for estates, divorces, or other disputes requiring a value opinion. We have an abundance of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We create appraisal reports that meet the requirements of the courts and various agencies.
For attorneys working with a divorce, your case's material facts frequently requires an appraisal to ascertain fair market value for the residential real estate involved. A great deal of the time the divorce date may not be the same as the date you requested the appraisal. We're versed in the processes and what is elementary to perform a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of divorce. We handle lots 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) binds us with confidentiality, resulting in the utmost discretion.