Dividing marital assets?Finalizing a divorce involves many decisions, including who gets the house. There are generally two choices when discussing real estate - 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 order an appraisal of the common real estate.A divorce appraisal must have a well-established, expert report that is defensible to a judge. When you order an appraisal from Faulkner Appraisal Services, Inc., you are assured the best in service with professional courtesy and top notch analysis. We understand how to care for the delicate needs of a divorce situation.
Attorneys as well as accountants in North Carolina rely on our opinions when calculating real property values for estates, divorces, or other disputes needing a value opinion. We have an abundance of expertise dealing with all the parties involved and are standing by to assist your needs. We assemble appraisal documents for courts or various agencies that meet or exceed their requirements. For attorneys handling a divorce, your case's material facts customarily require an appraisal to establish market value for the residential real estate involved. Many times the divorce date may not be the same as the date you ordered the appraisal. We're experienced with the procedures and what is vital to do a retrospective appraisal that has an effective date and Market Value conclusion matching the date of divorce. We work on many divorce appraisals (unfortunately) and we understand that they need to be handled prudently. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, resulting in the utmost discretion. |
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