Splitting up marital assets?Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two choices when discussing the shared residence - 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 should get an appraisal of the common real estate. Contact us East Tennessee Real Estate and Appraisal can assist if you need an appraisal related to a divorce or other division of assets. An appraisal for divorce purposes must have a well-supported, expert report that is defensible during a trial. When you order an appraisal from East Tennessee Real Estate and Appraisal, you are assured the best in service with professional courtesy and top notch analysis. We also know how to provide for the prickly needs of a divorce situation. TN attorneys as well as accountants rely on our appraisals when figuring out what the real property is worth for estates, divorces, or other disputes where it is material. 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 provide appraisal reports that meet the requirements of the courts and various agencies. For legal professionals handling a divorce, your case's evidence typically requires an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date can be different from the date you ordered the appraisal. We're experienced with the techniques and what is essential to do a retroactive appraisal that has an effective date and Fair Market Value opinion that matches the date of divorce. We perform lots of divorce appraisals (unfortunately) and we understand that they need to be handled delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, ensuring the utmost discretion. |