Dividing marital assets?Divorce settlements involve many decisions, including who gets the house. There are generally two options regarding real estate - it can be put up for sale and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties should commission an appraisal of the residence.
An appraisal for divorce purposes requires a well-established, expert report that is defensible during a trial. When you order an appraisal from Northeastern Ohio Appraisal Services, you are assured the best in service with professional courtesy and well-supported conclusions. Taking into account the sensitive conditions of a divorce situation is not a problem for us.
Ohio attorneys as well as accountants depend on our opinions when calculating real property values for estates, divorces, or other disputes where it is important. We understand their needs and are accustomed to dealing with all parties involved. We create appraisal reports for courts or various agencies that meet or exceed their requirements.
As an attorney representing a client in a divorce, your case's evidence often requires an appraisal to determine market value for the residential real estate involved. Often the divorce date differs from the date you purchased the appraisal. We are familiar with the techniques and what is imperative to perform a retrospective appraisal that has an effective date and Market Value conclusion matching the date of divorce. We handle 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.