![]() Splitting up marital assets?Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two options when discussing the shared residence - 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 mutual real estate. Contact us Austin Appraisal can assist if you need an appraisal related to a divorce or other allocation of assets. An appraisal for divorce purposes needs a well-supported, professional value conclusion that can be supported during a trial. When you order an appraisal from Austin Appraisal, you are assured the best in service with courtesy and top notch analysis. Working through the sensitive challenges of a divorce situation is somewhat matter-of-fact for us. Attorneys in as well as accountants depend on our appraisals when figuring out real property values for estates, divorces, or other disputes where it is material. We have a lot of expertise working with everyone involved and can readily handle your needs. We create appraisal reports that fulfill the requirements of the courts and various agencies. For lawyers working with a divorce, your case's evidence regularly necessitates an appraisal to determine fair market value for the residential real estate involved. Many times the divorce date can be different from the date you requested the appraisal. We're accustomed to the methods and the effort requisite to complete a retroactive appraisal with an effective date and Fair Market Value opinion corresponding to the date of divorce. For each divorce appraisal we are hired to do we remain cognizant of the fact that they require prudence delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, ensuring the utmost discretion. |