![]() Splitting up marital assets?We know that divorce is never easy. There are countless decisions to worry about, including what happens to the house. There are generally two choices when it comes to common real estate - 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 should commission an appraisal of the mutual real estate. Contact us Homestead Appraisals is at your service if you need an appraisal for the purposes of a divorce or other division of assets. When the reason for an appraisal is a divorce settlement, it must have a well-established, professional document that is defensible in court. Homestead Appraisals pledges to give you the very best in service with professional courtesy and well-supported conclusions. Working through the particular conditions of a divorce situation is frequent territory for us. Attorneys in TN as well as accountants depend on our values when determining what the real property is worth for estates, divorces, or other disputes depending on a value opinion. We have an abundance of expertise dealing with all the parties involved and We understand their needs and are used to dealing with all parties involved. We provide appraisal documents for courts or various agencies that meet or exceed their requirements. For lawyers handling a divorce, your case's material facts typically necessitates an appraisal to ascertain fair market value for the residential real estate involved. Often the divorce date can be different from the date you requested the appraisal. We are familiar with the techniques and what is imperative to do a retroactive appraisal that has an effective date and Fair Market Value estimate corresponding to the date of divorce. For each divorce appraisal we perform we keep in mind that they need to be handled with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, ensuring the utmost discretion. |