Splitting up assets?Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two alternatives when discussing the shared residence - it can be put on the market and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would be wise to commission an appraisal of the residence. Contact us if you require an appraisal related to a divorce or other division of assets. When the intended use of an appraisal is a divorce settlement, it requires a well-supported, expert value conclusion that is defensible in court. Russell Appraisals guarantees the very best in service with courtesy and the highest quality appraisal. Handling the sensitive needs of a divorce situation is somewhat matter-of-fact for us. MD attorneys and accountants depend on our analysis when figuring out real property values for estates, divorces, or other disputes requiring a value opinion. 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 create appraisal reports for courts or various agencies that meet or exceed their requirements. As a lawyer working with a divorce, your case's material facts frequently requires an appraisal to ascertain fair market value for the residential real estate involved. Many times the divorce date differs from the date you purchased the appraisal. We're accustomed to the processes and what's needed to perform a retroactive appraisal with an effective date and Fair Market Value conclusion corresponding to the date of divorce. For each divorce appraisal we handle we keep in mind that they require prudence with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, ensuring the utmost discretion. |