![]() Splitting up assets?Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two alternatives when discussing common real estate - it can be put on the market and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties should commission an appraisal of the residence. Contact us if your needs include an appraisal dealing with a divorce or other separation of assets. When the reason for an appraisal is the division of assets, it should include a well-established, authoritative value conclusion that can be supported during a trial. When you order an appraisal from Hornback Appraisal Services, you are assured the best in service with courtesy and top notch analysis. We also know how to handle the sensitive needs of a divorce situation. Attorneys in KY and accountants depend on our values when ascertaining real property values for estates, divorces, or other disputes where it is important. We have a lot of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We submit appraisal reports for courts or various agencies that meet or exceed their requirements. As a lawyer dealing with a divorce, your case's research frequently necessitates an appraisal to ascertain fair market value for the residential real estate involved. A lot of the time the divorce date may not be the same as the date you purchased the appraisal. We are familiar with the methods and what's fundamental to complete 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 need to be handled with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) means the highest amount of confidentiality, resulting in the utmost discretion. |