Dividing marital assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices regarding common real estate - it can be put up for sale and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would be wise to get an appraisal of the mutual real estate.
Contact us Connors Appraisals, Inc. can assist if you need an appraisal dealing with a divorce or other allocation of assets.
When the reason for an appraisal is the division of assets, it must have a well-supported, authoritative report that can be supported to a judge. When you order an appraisal from Connors Appraisals, Inc., you are assured the best in service with courtesy and well-supported conclusions. Handling the sensitive needs of a divorce situation is familiar territory for us.
Attorneys in MD and accountants depend on our appraisals when determining real property values for estates, divorces, or other disputes requiring a value opinion. We have a lot of expertise dealing with all the parties involved and We understand their needs and are used to dealing with all parties involved. We submit appraisal documents for courts or various agencies that meet or exceed their requirements.
For attorneys dealing with a divorce, your case's research regularly requires an appraisal to ascertain 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 accustomed to the techniques and what is essential to do a retroactive appraisal that has an effective date and Fair Market Value opinion that matches the date of divorce. For each divorce appraisal we perform we remain cognizant of the fact that they require prudence delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, guaranteeing you the utmost discretion.