Dividing marital assets?
Settling a divorce involves many decisions, including "Who gets the house". There are generally two options regarding common real estate - 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 order an appraisal of the residence.
Contact us if you require an appraisal dealing with a divorce or other separation of assets.
A divorce appraisal must have a well-established, authoritative value conclusion that can be supported during a trial. Race Appraisal Services, LLC pledges to give you an exceptional level of service with professional courtesy and the highest quality appraisal. Taking into account the sensitive needs of a divorce situation is frequent territory for us.
Attorneys in MA and accountants rely on our analysis when determining what the real property is worth for estates, divorces, or other disputes needing a value opinion. We have a lot of expertise working with everyone involved and are standing by to assist your needs. We provide appraisal documents that meet the requirements of the courts and various agencies.
For lawyers dealing with a divorce, your case's evidence often requires an appraisal to determine fair market value for the residential real estate involved. Many times the divorce date may not be the same as the date you purchased the appraisal. We are familiar with the methods and what is essential to develop a retroactive appraisal with an effective date and Fair Market Value estimate that matches the date of divorce. We perform many divorce appraisals and we understand that they require prudence with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) compels us to keep the highest degree of confidentiality, ensuring the utmost discretion.
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