Splitting up assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two options when it comes to real estate - 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 dealing with a divorce or other separation of assets. When the intended use of an appraisal is the division of assets, it needs a well-supported, authoritative report that can be supported during a trial. When you order an appraisal from Whittington Appraisals Inc., you are assured the best in service with courtesy and the highest quality appraisal. Handling the sensitive needs of a divorce situation is not a problem for us. Attorneys in LA as well as accountants rely on our values when ascertaining 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 We understand their needs and are used to dealing with all parties involved. We create appraisal reports that fulfill the requirements of the courts and various agencies. For attorneys representing a client in a divorce, your case's research regularly needs an appraisal to ascertain fair market value for the residential real estate involved. A lot of the time the divorce date can be different from the date you requested the appraisal. We're experienced with the techniques and what is elementary to develop a retroactive appraisal with an effective date and Fair Market Value estimate corresponding to the date of divorce. We perform a reasonable number of divorce appraisals (unfortunately) and we understand that they require prudence 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, ensuring the utmost discretion. |