Splitting up assets?We realize that divorce can be very difficult. There are numerous issues that have to be resolved, including what to do with the house. There are generally two choices when discussing real estate - it can be sold and the proceeds split, or one party can "buy out" the other. In either case, one or both parties would be wise to commission an appraisal of the common real estate. Contact us if you require an appraisal related to a divorce or other division of assets. An appraisal for divorce purposes needs a well-established, authoritative report that will hold up in court. Penfield, Inc. guarantees an exceptional level of service with professional courtesy and well-supported conclusions. Taking into account the special needs of a divorce situation is common territory for us. Attorneys in MN and accountants depend on our analysis when ascertaining real property values for estates, divorces, or other disputes needing a value opinion. We have an abundance of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We provide appraisal reports that fulfill the requirements of the courts and various agencies. For attorneys dealing with a divorce, your case's material facts frequently requires an appraisal to ascertain fair market value for the residential real estate involved. Many times the divorce date may not be the same as the date you ordered the appraisal. We're accustomed to the techniques and what it means to do a retroactive appraisal that has an effective date and Fair Market Value conclusion that matches the date of divorce. For each divorce appraisal we are hired to do we understand that they require prudence with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which means the highest amount of confidentiality, ensuring the utmost discretion. |