Dividing marital assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two alternatives when it comes to common real estate - 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 should get an appraisal of the shared real estate.
Contact us if you require an appraisal for the purposes of a divorce or other separation of assets.
When the reason for an appraisal is a couple splitting up, it requires a well-supported, expert document that will hold up in court. When you order an appraisal from Astute Appraisals, Inc., you are assured the best in service with professional courtesy and top notch analysis. Through experience and education, we've learned how to care for the prickly needs of a divorce situation.
Attorneys in MD and accountants depend on our appraisals when ascertaining what the real property is worth for estates, divorces, or other disputes where it is in question. We have an abundance of expertise working with everyone involved and are ready to assist with your needs. We submit appraisal documents that meet the requirements of the courts and various agencies.
For attorneys dealing with a divorce, your case's evidence often necessitates an appraisal to ascertain fair 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 purchased the appraisal. We're versed in the processes and the effort fundamental to do a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of divorce. We handle lots of divorce appraisals (unfortunately) and we understand that they require prudence with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, ensuring the utmost discretion.