Dividing marital assets?
We realize that divorce is a painful process. There are numerous decisions looming, including the fate of the house. There are generally two choices regarding the house - it can be put up for sale and the proceeds split, or one party can "buy out" the other. In either case, one or both parties should order an appraisal of the shared real estate.
Contact us if your needs include 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 should include a well-established, authoritative value conclusion that can be supported in court. Pendleton Appraisals guarantees an exceptional level of service with professional courtesy and well-supported conclusions. Taking into account the particular challenges of a divorce situation is familiar territory for us.
Attorneys in NC as well as accountants depend on our appraisals when figuring out real property values for estates, divorces, or other disputes where it is material. We have an abundance of expertise dealing with all the parties involved and are ready to assist with your needs. We create appraisal documents for courts or various agencies that meet or exceed their requirements.
As a legal professional handling a divorce, your case's research frequently needs an appraisal to ascertain fair market value for the residential real estate involved. A great deal of the time the divorce date may not be the same as the date you purchased the appraisal. We're accustomed to the processes and all that it entails to complete a retroactive appraisal with an effective date and Fair Market Value opinion matching the date of divorce. We handle lots of divorce appraisals and we understand that they need to be handled with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, resulting in the utmost discretion.