Taking into account the sensitive challenges of a divorce situation is common territory for us and Master Appraisal Services has the specific competence you're looking for.
Divorce settlements involve many decisions, including who keeps the house. There are generally two options regarding real estate - it can be sold and the proceeds divided, or one party can "buy out" the other. In either case, property settlement usually involves one or both parties ordering an appraisal of the joint real estate, commonly referred to as a divorce appraisal.
How Is The Value Of A House Determined In A Divorce?
State law often requires judges to determine the fair market value before deciding a property division issue. Judges may act on information provided by just one spouse, if that is all that is available - which is why it is important for each spouse to have their own home appraisal process done by a professional real estate appraiser.
An appraisal for divorce purposes should include:
When you order an appraisal from Master Appraisal Services, you are assured the best in service with professional courtesy and top notch analysis.
For Divorce Attorneys and Accountants
Attorneys, as well as accountants, in Arizona depend on our appraisals when determining what real estate is worth for estates, divorces, or other disputes. We have a lot of expertise dealing with all the parties involved and are ready to assist with your needs.
As an attorney handling a divorce, your case research will likely necessitate a property appraisal to obtain an accurate market value for the residential real estate involved. Most of the time the divorce date differs from the date you ordered the appraisal. We're comfortable with the methods and requirements requisite to do a retrospective appraisal that has an effective date and market value opinion that matches the date of divorce.
Ethics of a Divorce Appraisal
For each divorce appraisal we handle, we keep in mind that they need to be handled prudently. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) compels us to keep the highest degree of confidentiality, guaranteeing you the utmost discretion.
Schedule Divorce Appraisal Services
We welcome you to look through our website, review appraisal services, join our Facebook community, and learn more about our expert appraisers, how we do comparative market analysis and handle divorce proceedings.
Give us a call to schedule your appraisal.