![]() Divorce Appraisals in the state of IA by Matt LuxWe understand that divorce is a painful process. There are countless decisions to worry about, including the status of the shared residence. There are generally two alternatives regarding 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 commission an appraisal of the mutual real estate. Contact us if you require an appraisal dealing with a divorce or other allocation of assets. An appraisal for the purpose of assent division must have a well-supported, authoritative report that can be supported during a trial. Matt Lux pledges to give you the very best in service with professional courtesy and the highest quality appraisal. We also know how to provide for the delicate needs of a divorce situation. IA attorneys as well as accountants rely on our analysis when calculating what the real property is worth for estates, divorces, or other disputes depending on a value opinion. We have a great deal of expertise working with everyone involved and We understand their needs and are accustomed to dealing with all parties involved. We create appraisal documents that meet the requirements of the courts and various agencies. For lawyers handling a divorce, your case's material facts frequently requires an appraisal to establish fair market value for the residential real estate involved. Often the divorce date can be different from the date you purchased the appraisal. We're comfortable with the methods and what it entails to develop a retroactive appraisal with an effective date and Fair Market Value conclusion that matches the date of divorce. We work on a reasonable number of divorce appraisals (unfortunately) and we understand that they require prudence delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, resulting in the utmost discretion. |