Settling a divorce involves many decisions, including "Who gets the house". There are generally two choices regarding the shared residence - it can be put on the market and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties would be wise to commission an appraisal of the residence.
Contact us if you require an appraisal related to a divorce or other allocation of assets.
An appraisal for the purpose of assent division needs a well-supported, professional report that will hold up in court. When you order an appraisal from McGreal & Company, you are assured the best in service with professional courtesy and top notch analysis. Handling the sensitive needs of a divorce situation is not a problem for us.
OH attorneys as well as accountants depend on our appraisals when determining real property values for estates, divorces, or other disputes where it is in question. We have a great deal of expertise dealing with all the parties involved and We understand their needs and are used to dealing with all parties involved. We submit appraisal reports that meet the requirements of the courts and various agencies.
For legal professionals representing a client in a divorce, your case's evidence often needs an appraisal to ascertain fair market value for the residential real estate involved. A lot of the time the divorce date differs from the date you purchased the appraisal. We are familiar with the processes and what is vital to develop a retroactive appraisal with an effective date and Fair Market Value conclusion matching the date of divorce. For each divorce appraisal we perform we remain cognizant of the fact that they require prudence with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, resulting in the utmost discretion.