![]() Splitting up assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two alternatives when discussing the house - 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 find it in their best interest to commission an appraisal of the residence. Contact us if your needs include an appraisal dealing with a divorce or other division of assets. An appraisal for divorce purposes must have a well-established, professional document that is defensible in court. Northwestern MN Appraisal Services guarantees an exceptional level of service with professional courtesy and the highest quality appraisal. Taking into account the sensitive challenges of a divorce situation is not a problem for us. MN attorneys as well as accountants rely on our appraisals when determining what the real property is worth for estates, divorces, or other disputes depending on a value opinion. We have a great deal of expertise dealing with all the parties involved and are standing by to assist your needs. We create appraisal documents that meet the requirements of the courts and various agencies. As a lawyer representing a client in a divorce, your case's material facts regularly needs an appraisal to establish fair market value for the residential real estate involved. A great deal of the time the divorce date differs from the date you ordered the appraisal. We're experienced with the procedures and requirements necessary to complete a retroactive appraisal that has an effective date and Fair Market Value conclusion matching the date of divorce. For each divorce appraisal we perform we keep in mind that they require prudence with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) means the highest amount of confidentiality, ensuring the utmost discretion. |