Splitting up marital assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two options when discussing common real estate - it can be sold and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to get an appraisal of the shared real estate.
Contact us P.M. Appraisals, Inc. is at your service if you need an appraisal related to a divorce or other division of assets.
An appraisal for the purpose of assent division should include a well-supported, expert report that will hold up in court. When you order an appraisal from P.M. Appraisals, Inc., you are assured the best in service with courtesy and the highest quality appraisal. We also know how to provide for the delicate needs of a divorce situation.
NY attorneys and accountants depend on our values when determining what the real property is worth for estates, divorces, or other disputes where it is relevant. We have a great deal of expertise working with everyone involved and can readily handle your needs. We submit appraisal documents that meet the requirements of the courts and various agencies.
As an attorney working with a divorce, your case's evidence typically needs an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date can be different from the date you purchased the appraisal. We are familiar with the processes and requirements requisite to complete a retroactive appraisal that has an effective date and Fair Market Value opinion that matches the date of divorce. We work on a reasonable number of divorce appraisals and we understand that they require prudence with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which means the highest amount of confidentiality, resulting in the utmost discretion.