Splitting up marital assets?
Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two options when it comes to real estate - it can be sold and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties would be wise to get an appraisal of the residence.
Contact us if you require an appraisal for the purposes of a divorce or other allocation of assets.
An appraisal for divorce purposes should include a well-supported, professional value conclusion that can be supported in court. When you order an appraisal from LHC Appraisals, you are assured the best in service with courtesy and top notch analysis. We understand how to handle the delicate needs of a divorce situation.
TX attorneys as well as accountants rely on our analysis when ascertaining real property values for estates, divorces, or other disputes where it is crucial. 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 create appraisal reports that fulfill the requirements of the courts and various agencies.
As an attorney working with a divorce, your case's material facts typically needs an appraisal to establish fair market value for the residential real estate involved. A great deal of the time the divorce date may not be the same as the date you requested the appraisal. We are familiar with the techniques and what is essential to do a retroactive appraisal that has an effective date and Fair Market Value opinion corresponding to the date of divorce. We work on lots of divorce appraisals (unfortunately) and we understand that they require prudence with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, resulting in the utmost discretion.