Splitting up marital assets?
Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two alternatives when discussing the shared residence - 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 residence.
Contact us if you require an appraisal for the purposes of a divorce or other separation of assets.
A divorce appraisal needs a well-supported, professional value conclusion that can be supported in court. When you order an appraisal from REID E. CHOATE & ASSOCIATES, LLC, you are assured the best in service with professional courtesy and the highest quality appraisal. Working through the particular conditions of a divorce situation is frequent territory for us.
Attorneys in HI and accountants rely on our appraisals when figuring out real property values for estates, divorces, or other disputes where it is important. We have an abundance of expertise dealing with all the parties involved and can readily handle your needs. We submit appraisal documents for courts or various agencies that meet or exceed their requirements.
As an attorney handling a divorce, your case's research often requires an appraisal to establish fair market value for the residential real estate involved. A great deal of the time the divorce date can be different from the date you ordered the appraisal. We're experienced with the methods and what is imperative to develop a retroactive appraisal with an effective date and Fair Market Value opinion that matches the date of divorce. We handle lots of divorce appraisals (unfortunately) and we understand that they require prudence with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, ensuring the utmost discretion.
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