Choosing A Divorce Appraisal Service Provider
The need for a divorce appraisal service is as necessary during divorce proceedings as having adequate counsel and a fair hearing
. Real estate appraisals must be conducted in a timely fashion and performed by a seasoned professional. Utilizing the services of a trustworthy appraiser will not only give you the estimated value of a piece of property, it will also help to close the final chapter in your divorce quickly.
One of the most difficult aspects of a divorce is figuring out exactly how assets will be split up, and using a divorce appraisal service will make this otherwise daunting and stressful task much more manageable. Divorces take time, money and untold energy, and while an attorney represents an individual client, the product provided by divorce appraisers can represent both parties equally, separately and jointly. A well-researched appraisal supported by facts is admissible in court and will serve to move divorce proceedings forward in a speedy fashion. Property will fluctuate in value depending upon the current state of the real estate market; so having a recent and accurate appraisal will allow both parties an accurate representation of the fair market value of their property. Whether you choose to sell your home and split the proceeds of the sale, buy out the other party's share of the property or are awarded complete ownership of said property will decide at least partially based upon the appraised value.
If both parties are in agreement, a singular appraisal from one divorce appraisal company will suffice. Neither party is restricted to using the same company and both parties may choose to have their own individual property appraisals done. It is recommended that if the other party is still residing in the home, advance notice is given so that the appraisal can be completed without incident.
Estate appraisal service professionals are both impartial and fair. Choosing an appraisal service company should be based largely upon having a proven track record as well as discretion and tact. In general, divorce appraisal companies can range greatly as far as prices go, but bargain shopping in this instance is not necessarily advised. Besides looking for the aforementioned merits, you should also choose a company that is in full compliance with the USPAP.
by: William Lanciloti
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