Splitting up marital assets?Divorce settlements involve many decisions, including who keeps the house. There are generally two choices regarding the shared residence - it can be put up for sale and the proceeds split, or one party can "buy out" the other. In either case, one or both parties would be wise to order an appraisal of the mutual real estate.
When the intended use of an appraisal is a couple splitting up, it should include a well-supported, authoritative value conclusion that will hold up in court. M.K. Burnett Appraisals guarantees the very best in service with courtesy and the highest quality appraisal. Taking into account the particular conditions of a divorce situation is somewhat matter-of-fact for us.
Attorneys as well as accountants in California depend on our appraisals when determining what real property is worth for estates, divorces, or other disputes depending on a value opinion. We understand their needs and are used to dealing with all parties involved. We provide appraisal reports for courts or various agencies that meet or exceed their requirements.
For legal professionals working with a divorce, your case's research regularly necessitates an appraisal to establish 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 ordered the appraisal. We are familiar with the techniques and all that it takes to complete a retrospective appraisal with an effective date and Market Value opinion that matches the date of divorce. For each divorce appraisal we handle, we remain conscious of the fact that they need to be handled prudently. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, guaranteeing you the utmost discretion.