Divorce is a painful process in which there are many decisions to be made including ‘who’s staying’ and ‘who’s going’ when determining what happens to the house. Often times the home is put up for sale in which the profits are split or otherwise one of the parties typically buys out the other.
In either case, one or both parties should hire the services of a professional real estate appraiser to estimate the fair market value of the home. An appraisal for asset division should include a well-supported, professional report that’s defensible in court.
Many times the divorce date differs from the inspection date of the appraisal thus requiring a retrospective appraisal that has an effective date and value estimate corresponding to the date of divorce or filing. We have completed countless divorce appraisals over the years so we understand exactly what’s involved as well as the need to handle these situations with the utmost care.
We’re bound by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) which means you’re assured the highest level of confidentiality, guaranteeing you the utmost discretion. In addition, we provide you with comprehensive appraisal reports that meet or exceed requirements of the courts and other various agencies.
When you work with Packard Appraisal Services you can be assured you’ll get the best in professional service, courtesy, and you’ll receive the highest quality appraisal reports. Our team of exceptional appraisers will also respect and protect the privacy of your needs in a divorce situation.
Give us a call today with any questions you might have and also check out our ‘Praise’ page and see what others are saying about Tim Packard and the ‘Packard Appraisal Services’ team.