Splitting up assets?We realize that divorce can be very difficult. There are numerous issues looming, including the fate of the house. There are generally two options when it comes to the shared residence - it can be put on the market and the proceeds split, or one party can "buy out" the other. In either case, one or both parties should get an appraisal of the shared real estate.
An appraisal for the purpose of asset division requires a well-established, expert report that can be supported during a trial. Academy Appraisal, Inc. guarantees an exceptional level of service with courtesy and top notch analysis. We understand how to provide for the delicate needs of a divorce situation.
Attorneys as well as accountants in Pennsylvania rely on our analysis when determining what real estate is worth for estates, divorces, or other disputes where it is crucial. We understand their needs and are used to dealing with all parties involved. We create appraisal documents for courts or various agencies that meet or exceed their requirements.
As an attorney representing a client in a divorce, your case's research frequently necessitates an appraisal to ascertain market value for the residential real estate involved. Many times the divorce date can be different from the date you purchased the appraisal. We are familiar with the techniques and what is imperative to do a retrospective appraisal with an effective date and Market Value conclusion that matches the date of divorce. For each divorce appraisal we are hired to do, we remain mindful of the fact that they need to be handled delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing you the utmost discretion.