Splitting up assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two options when discussing real estate - 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 commission an appraisal of the residence. Contact us if you require an appraisal for the purposes of a divorce or other separation of assets. An appraisal for the purpose of assent division should include a well-supported, professional value conclusion that can be supported in court. When you order an appraisal from Bridgewood Properties, you are assured the best in service with professional courtesy and well-supported conclusions. Taking into account the special challenges of a divorce situation is common territory for us. Attorneys in TX as well as accountants rely on our analysis when calculating what the real property is worth for estates, divorces, or other disputes where it is important. We have an abundance of expertise working with everyone involved and We understand their needs and are accustomed to dealing with all parties involved. We provide appraisal documents for courts or various agencies that meet or exceed their requirements. As an attorney dealing with a divorce, your case's research regularly needs an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date may not be the same as the date you requested the appraisal. We're versed in the processes and all that it means to do a retroactive appraisal that has an effective date and Fair Market Value conclusion corresponding to the date of divorce. We work on a reasonable number 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) compels us to keep the highest degree of confidentiality, guaranteeing you the utmost discretion. |