Splitting up assets?
We understand that divorce is never easy. There are countless issues to worry about, including what happens to the shared residence. There are generally two alternatives regarding common real estate - it can be sold 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 joint real estate.
Contact us if your needs include an appraisal for the purposes of a divorce or other division of assets.
An appraisal for the purpose of assent division needs a well-supported, expert report that will hold up in court. Absolute Appraisals, IMI. pledges to give you the very best in service with professional courtesy and well-supported conclusions. Working through the particular challenges of a divorce situation is familiar territory for us.
Attorneys in MI as well as accountants depend on our values when determining real property values for estates, divorces, or other disputes requiring a value opinion. We have an abundance of expertise working with everyone involved and We understand their needs and are used to dealing with all parties involved. We create appraisal documents that fulfill the requirements of the courts and various agencies.
For lawyers representing a client in a divorce, your case's evidence regularly necessitates an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date can be different from the date you ordered the appraisal. We're comfortable with the techniques and the effort necessary to perform a retroactive appraisal with an effective date and Fair Market Value conclusion corresponding to the date of divorce. For each divorce appraisal we perform we keep in mind that they require prudence with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) means the highest amount of confidentiality, resulting in the utmost discretion.