Settling a divorce involves many decisions, including "Who gets the house". There are generally two choices regarding common real estate - it can be put on the market and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties would be wise to get an appraisal of the residence.
Contact us if you require an appraisal related to a divorce or other allocation of assets.
When the intended use of an appraisal is a couple splitting up, it must have a well-established, expert document that is defensible during a trial. When you order an appraisal from Phoenix Valuations, LLC, you are assured the best in service with courtesy and top notch analysis. We also know how to provide for the delicate needs of a divorce situation.
Attorneys in AZ and accountants depend on our opinions when determining what the real property is worth for estates, divorces, or other disputes depending on a value opinion. We have a great deal of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We create appraisal documents for courts or various agencies that meet or exceed their requirements.
As a legal professional dealing with a divorce, your case's research typically needs an appraisal to ascertain fair market value for the residential real estate involved. Often the divorce date differs from the date you purchased the appraisal. We're experienced with the procedures and the effort fundamental to develop a retroactive appraisal that has an effective date and Fair Market Value conclusion matching the date of divorce. We handle a reasonable number of divorce appraisals and we understand that they require prudence with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost discretion.