We understand that divorce can be very difficult. There are many issues looming, including what's going to happen to the shared residence. There are generally two choices regarding common 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 should get an appraisal of the shared real estate.
Contact us if your needs include an appraisal for the purposes of a divorce or other allocation of assets.
An appraisal for the purpose of assent division must have a well-supported, expert document that is defensible in court. When you order an appraisal from Glynn Michael Appraisals LLC, you are assured the best in service with professional courtesy and well-supported conclusions. Handling the particular conditions of a divorce situation is not a problem for us.
Attorneys in LA and accountants rely on our values when ascertaining real property values for estates, divorces, or other disputes requiring a value opinion. We have a great deal of expertise working with everyone involved and We understand their needs and are used to dealing with all parties involved. We create appraisal documents that meet the requirements of the courts and various agencies.
For attorneys handling a divorce, your case's research regularly needs an appraisal to determine fair market value for the residential real estate involved. Often the divorce date differs from the date you ordered the appraisal. We're accustomed to the techniques and what is essential to complete a retroactive appraisal with an effective date and Fair Market Value opinion that matches the date of divorce. We perform many divorce appraisals (unfortunately) and we understand that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, guaranteeing you the utmost discretion.