![]() Splitting up assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two alternatives regarding real estate - it can be sold and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties should order an appraisal of the residence. Contact us if your needs include an appraisal related to a divorce or other allocation of assets. An appraisal for the purpose of assent division must have a well-supported, expert value conclusion that is defensible during a trial. When you order an appraisal from Floyd Appraisal Works Inc, you are assured the best in service with courtesy and top notch analysis. Through experience and education, we've learned how to provide for the prickly needs of a divorce situation. Attorneys in TN as well as accountants depend on our opinions when figuring out real property values for estates, divorces, or other disputes needing a value opinion. We have a lot of expertise working with everyone involved and We understand their needs and are used to dealing with all parties involved. We provide appraisal documents that meet the requirements of the courts and various agencies. For lawyers dealing with a divorce, your case's research regularly necessitates an appraisal to determine fair market value for the residential real estate involved. A great deal of the time the divorce date can be different from the date you requested the appraisal. We're experienced with the procedures and what's needed to develop a retroactive appraisal with an effective date and Fair Market Value estimate corresponding to the date of divorce. We work on many divorce appraisals (unfortunately) and we understand that they need to be handled with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, guaranteeing you the utmost discretion. |