Dividing assets?We realize that divorce is a painful process. There are many decisions to worry about, including the status of the house. There are generally two options regarding real estate - 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 commission an appraisal of the residence. Contact us if you require an appraisal related to a divorce or other separation of assets. An appraisal for the purpose of assent division needs a well-established, authoritative value conclusion that is defensible during a trial. When you order an appraisal from Minot Commercial Appraisal, LLC, you are assured the best in service with professional courtesy and the highest quality appraisal. Working through the sensitive challenges of a divorce situation is not a problem for us. Attorneys in ND and accountants depend on our values when calculating real property values for estates, divorces, or other disputes where it is material. We have an abundance of expertise dealing with all the parties involved and We understand their needs and are used to dealing with all parties involved. We submit appraisal reports that fulfill the requirements of the courts and various agencies. For attorneys working with a divorce, your case's research regularly necessitates an appraisal to determine 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 are familiar with the methods and all that it takes to perform a retroactive appraisal that has an effective date and Fair Market Value estimate matching 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 dictates confidentiality, ensuring the utmost discretion. |