Dividing marital assets?
We know that divorce is a painful process. There are many choices that have to be finalized, including the status of the house. There are generally two choices regarding the house - it can be put up for sale and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties should commission an appraisal of the residence.
Contact us if you require an appraisal related to a divorce or other allocation of assets.
An appraisal for the purpose of assent division must have a well-established, authoritative value conclusion that is defensible during a trial. When you order an appraisal from James Earp Appraisal Service, you are assured the best in service with professional courtesy and the highest quality appraisal. Working through the special challenges of a divorce situation is frequent territory for us.
Attorneys in NC as well as accountants rely on our opinions when calculating real property values for estates, divorces, or other disputes where it is crucial. We have an abundance of expertise working with everyone involved and can readily handle your needs. We create appraisal documents for courts or various agencies that meet or exceed their requirements.
As an attorney dealing with a divorce, your case's research typically requires an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date differs from the date you purchased the appraisal. We're comfortable with the methods and what's needed to do a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of divorce. We work on a reasonable number of divorce appraisals (unfortunately) and we understand 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.