Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices when discussing the house - it can be put up for sale and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties would be wise to get an appraisal of the common real estate.
Contact us if your needs include an appraisal related to a divorce or other allocation of assets.
An appraisal for divorce purposes requires a well-established, professional report that will hold up to a judge. When you order an appraisal from Race Appraisal Services, LLC, you are assured the best in service with courtesy and top notch analysis. Working through the particular needs of a divorce situation is frequent territory for us.
Attorneys in MA as well as accountants rely on our appraisals when ascertaining real property values for estates, divorces, or other disputes where it is in question. We have a lot of expertise dealing with all the parties involved and are ready to assist with your needs. We create appraisal reports for courts or various agencies that meet or exceed their requirements.
As a lawyer representing a client in a divorce, your case's research typically necessitates an appraisal to ascertain 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 procedures and the effort fundamental to develop a retroactive appraisal that has an effective date and Fair Market Value conclusion that matches the date of divorce. For each divorce appraisal we handle we understand that they require prudence delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, resulting in the utmost discretion.
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