Divorce Appraisals in the state of MI by West Michigan Appraisal
Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two choices regarding the house - it can be put on the market and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties should get an appraisal of the residence.
Contact us if you require an appraisal for the purposes of a divorce or other allocation of assets.
When the intended use of an appraisal is the division of assets, it must have a well-supported, professional report that is defensible in court. West Michigan Appraisal pledges to give you an exceptional level of service with courtesy and top notch analysis. Through experience and education, we've learned how to care for the sensitive needs of a divorce situation.
MI attorneys and accountants depend on our appraisals when figuring out what the real property is worth for estates, divorces, or other disputes needing a value opinion. We have a lot of expertise working with everyone involved and are ready to assist with your needs. We submit appraisal documents that meet the requirements of the courts and various agencies.
As a legal professional working with a divorce, your case's material facts regularly necessitates an appraisal to establish 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 purchased the appraisal. We're comfortable with the methods and what is vital to develop a retroactive appraisal that has an effective date and Fair Market Value estimate that matches the date of divorce. We perform a reasonable number of divorce appraisals and we understand that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which means the highest amount of confidentiality, resulting in the utmost discretion.