Dividing marital assets?
Settling a divorce involves many decisions, including "Who gets the house". There are generally two choices when it comes to the shared residence - 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 should commission an appraisal of the residence.
Contact us Mitchell Real Estate Appraisals can assist if you need an appraisal for the purposes of a divorce or other allocation of assets.
An appraisal for the purpose of assent division should include a well-supported, professional document that will hold up in court. When you order an appraisal from Mitchell Real Estate Appraisals, you are assured the best in service with courtesy and top notch analysis. Handling the special challenges of a divorce situation is somewhat matter-of-fact for us.
SC attorneys as well as accountants rely on our opinions when determining real property values for estates, divorces, or other disputes requiring a value opinion. We have a lot of expertise working with everyone involved and can readily handle your needs. We provide appraisal reports for courts or various agencies that meet or exceed their requirements.
As a legal professional working with a divorce, your case's research often necessitates an appraisal to ascertain fair market value for the residential real estate involved. Many times the divorce date can be different from the date you purchased the appraisal. We're comfortable with the processes and what it takes to complete a retroactive appraisal that has an effective date and Fair Market Value conclusion corresponding to the date of divorce. We handle lots of divorce appraisals (unfortunately) and we understand 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, resulting in the utmost discretion.