Splitting up marital assets?
We know that divorce is a painful process. There are countless decisions that have to be resolved, including what happens to the house. There are generally two choices regarding real estate - 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 would be wise to order an appraisal of the residence.
Contact us if your needs include an appraisal dealing with a divorce or other allocation of assets.
When the intended use of an appraisal is a divorce settlement, it requires a well-established, authoritative value conclusion that will hold up to a judge. When you order an appraisal from San Miguel Appraisal, Inc, you are assured the best in service with courtesy and well-supported conclusions. Taking into account the special conditions of a divorce situation is not a problem for us.
CO attorneys and accountants rely on our opinions when determining real property values for estates, divorces, or other disputes needing a value opinion. We have a lot of expertise dealing with all the parties involved and are ready to assist with your needs. We create appraisal documents that meet the requirements of the courts and various agencies.
For attorneys representing a client in a divorce, your case's evidence regularly requires an appraisal to establish fair market value for the residential real estate involved. Often the divorce date can be different from the date you ordered the appraisal. We are familiar with the techniques and the effort requisite to perform a retroactive appraisal with an effective date and Fair Market Value conclusion corresponding to the date of divorce. For each divorce appraisal we handle we remain cognizant of the fact that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which compels us to keep the highest degree of confidentiality, resulting in the utmost discretion.