The first step to fairly disposing of an estate is understanding its true value. Make sure you walk away knowing you have received a fair deal.
A divorce can be a particularly traumatic experience for both parties and is often further complicated by the difficult decision of “Who gets the house?” In most divorce cases, the court won’t usually force one party to “buy out” the other party’s interest. However, there is a chance it may order the sale of the home so each party gets an equal share of the equity. Regardless of the situation, it’s a good idea to obtain an appraisal for divorce so both parties are fully aware of what the actual market value is.
If the parties want to sell the home, they’ll have a better idea of what price to set with divorce appraisals. On the contrary, if a “buyout” is the chosen option, both parties will feel like they’ve gotten a fair assessment. At Appraisal Partners, our fast, reliable service provides both parties with a fair, unbiased appraisal of the home. In the end, we ensure that everyone gets a fair assessment of the value of their property.
The loss of a loved one is a difficult time in life. Settling an estate from death or probate often requires an estate settlement appraisal to establish Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds Appraisal Partners with confidentiality, ensuring complete discretion.
Barring wealthy individuals, the majority of Americans do not have dedicated estate planners or executors to handle estate settlement appraisals. Also, in most cases, a home or other real property makes up a disproportionate share of the total estate value.
We at Appraisal Partners can help here, too. Often, the first step in fairly disposing of an estate is to understand its true value. A reliable property appraisal and constant communication from one of our appraisers can help determine the worth of the property so equitable arrangements can more quickly arrive for a divorce agreement or distribution of a deceased person’s assets. This way, everyone walks away knowing they’ve received a fair deal.