Settling a divorce involves many decisions, including "Who gets the house". There are generally two options when discussing common real estate - 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 order an appraisal of the mutual real estate.
Contact us if your needs include an appraisal dealing with a divorce or other division of assets.
When the reason for an appraisal is a couple splitting up, it must have a well-established, professional document that is defensible in court. When you order an appraisal from Phoenix Valuations, LLC, you are assured the best in service with professional courtesy and top notch analysis. We also know how to provide for the delicate needs of a divorce situation.
Attorneys in AZ as well as accountants rely on our appraisals when ascertaining what the real property is worth for estates, divorces, or other disputes where it is material. We have an abundance of expertise dealing with all the parties involved and can readily handle your needs. We provide appraisal reports for courts or various agencies that meet or exceed their requirements.
As an attorney handling a divorce, your case's evidence frequently requires an appraisal to establish fair market value for the residential real estate involved. Often the divorce date can be different from the date you purchased the appraisal. We're accustomed to the procedures and what it means to develop a retroactive appraisal with an effective date and Fair Market Value opinion that matches the date of divorce. For each divorce appraisal we perform we understand that they need to be handled with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, resulting in the utmost discretion.