Handling a divorce? Mitchell Real Estate Appraisals has the experience for these matters.
Settling a divorce involves many decisions, including "Who gets the house". There are generally two choices regarding common real estate - it can be sold and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties should get an appraisal of the residence.
Contact us if your needs include an appraisal dealing with a divorce or other allocation of assets.
An appraisal for the purpose of assent division should include a well-supported, expert value conclusion that can be supported during a trial. When you order an appraisal from Mitchell Real Estate Appraisals, you are assured the best in service with professional courtesy and well-supported conclusions. Handling the special conditions of a divorce situation is common territory for us.
SC attorneys and accountants depend on our opinions when determining real property values for estates, divorces, or other disputes requiring a value opinion. We have a lot of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We submit appraisal documents that fulfill the requirements of the courts and various agencies.
As a legal professional handling a divorce, your case's research typically necessitates an appraisal to establish fair market value for the residential real estate involved. Often the divorce date may not be the same as the date you purchased the appraisal. We are familiar with the processes and what is vital to do a retroactive appraisal with an effective date and Fair Market Value conclusion corresponding to the date of divorce. We perform a reasonable number of divorce appraisals (unfortunately) 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.