Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two alternatives when discussing 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 would be wise to commission an appraisal of the joint real estate.
Contact us if you require an appraisal related to a divorce or other division of assets.
When the purpose of an appraisal is the division of assets, it requires a well-supported, authoritative value conclusion that can be supported during a trial. Shamrock Appraisals, Inc. pledges to give you an exceptional level of service with professional courtesy and the highest quality appraisal. Through experience and education, we've learned how to care for the delicate needs of a divorce situation.
AL attorneys and accountants rely on our analysis when ascertaining real property values for estates, divorces, or other disputes where it is material. We have a great deal of expertise dealing with all the parties involved and can readily handle your needs. We create appraisal reports that fulfill the requirements of the courts and various agencies.
For attorneys handling a divorce, your case's evidence often requires an appraisal to establish fair market value for the residential real estate involved. Often the divorce date may not be the same as the date you purchased the appraisal. We're comfortable with the methods and all that it entails to do a retroactive appraisal that has an effective date and Fair Market Value estimate corresponding to the date of divorce. We handle a reasonable number of divorce appraisals and 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, guaranteeing you the utmost discretion.