Splitting up assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two alternatives regarding the shared residence - it can be put on the market and the proceeds split, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to commission an appraisal of the residence.
Contact us Bowers Real Estate & Appraisal Services can assist if you need an appraisal related to a divorce or other separation of assets.
An appraisal for divorce purposes should include a well-established, authoritative document that will hold up in court. When you order an appraisal from Bowers Real Estate & Appraisal Services, you are assured the best in service with courtesy and top notch analysis. We understand how to care for the sensitive needs of a divorce situation.
CA attorneys and accountants rely on our opinions when calculating what the real property is worth for estates, divorces, or other disputes where it is material. We have a great deal of expertise working with everyone involved and are standing by to assist your needs. We submit appraisal reports for courts or various agencies that meet or exceed their requirements.
As a lawyer representing a client in a divorce, your case's research often needs an appraisal to determine 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 ordered the appraisal. We're comfortable with the techniques and what's mandatory to do a retroactive appraisal that has an effective date and Fair Market Value estimate that matches the date of divorce. We handle many divorce appraisals and we understand that they need to be handled 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, resulting in the utmost discretion.