Divorce Appraisals in the state of MI by West Michigan Appraisal
Divorce settlements involve many decisions, including "Who gets the house". There are generally two options when discussing the shared residence - 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 be wise to commission an appraisal of the shared real estate.
Contact us if your needs include an appraisal dealing with a divorce or other division of assets.
When the purpose of an appraisal is the division of assets, it should include a well-established, expert report that is defensible to a judge. When you order an appraisal from West Michigan Appraisal, you are assured the best in service with courtesy and top notch analysis. Taking into account the sensitive conditions of a divorce situation is familiar territory for us.
MI attorneys and accountants rely on our analysis when ascertaining real property values for estates, divorces, or other disputes where it is material. We have a great deal of expertise working with everyone involved and are standing by to assist your needs. We provide appraisal documents for courts or various agencies that meet or exceed their requirements.
As a lawyer representing a client in a divorce, your case's evidence typically necessitates 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 versed in the processes and the effort needed to complete a retroactive appraisal that has an effective date and Fair Market Value estimate that matches the date of divorce. For each divorce appraisal we are hired to do we remain cognizant of the fact that they need to be handled with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, resulting in the utmost discretion.