Dividing marital assets?Divorce settlements involve many decisions, including who keeps the house. There are generally two choices regarding the house - it can be put on the market and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would be wise to get an appraisal of the mutual real estate.
An appraisal for divorce purposes requires a well-established, expert report that can be supported to a judge. When you order an appraisal from Faubion Appraisals, you are assured the best in service with professional courtesy and well-supported conclusions. We understand how to care for the delicate needs of a divorce situation.
Missouri attorneys and accountants rely on our values when calculating what real property is worth 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 are ready to assist with your needs. We create appraisal reports for courts or various agencies that meet or exceed their requirements.
As a lawyer dealing with a divorce, your case's research typically necessitates an appraisal to establish market value for the residential real estate involved. Many times the divorce date may not be the same as the date you purchased the appraisal. We're accustomed to the methods and what is essential to perform a retrospective appraisal that has an effective date and Market Value estimate corresponding to the date of divorce. We work on lots of divorce appraisals (unfortunately) and we understand that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, resulting in the utmost discretion.