Splitting up assets?
We realize that divorce can be very difficult. There are countless issues to worry about, including what happens to the home. There are generally two choices when discussing the shared residence - it can be put on the market and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties would be wise to get an appraisal of the residence.
Contact us Ed Cline Appraisals is at your service if you need an appraisal related to a divorce or other separation of assets.
When the intended use of an appraisal is the division of assets, it should include a well-supported, authoritative document that is defensible in court. When you order an appraisal from Ed Cline Appraisals, you are assured the best in service with courtesy and top notch analysis. Working through the particular conditions of a divorce situation is somewhat matter-of-fact for us.
PA attorneys and accountants rely on our appraisals when figuring out real property values for estates, divorces, or other disputes requiring a value opinion. We have a great deal of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We submit appraisal reports that meet the requirements of the courts and various agencies.
For legal professionals dealing with a divorce, your case's evidence frequently needs an appraisal to establish fair market value for the residential real estate involved. Many times the divorce date differs from the date you purchased the appraisal. We are familiar with the methods and the effort needed to complete a retroactive appraisal with an effective date and Fair Market Value estimate that matches the date of divorce. We work on a reasonable number of divorce appraisals (unfortunately) and we understand that they require prudence delicately. 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.