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 “buyout” 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 order an appraisal so both parties are fully aware of what the true market value is.
If the parties want to sell the home, they’ll have a better idea of what price to set. 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, everyone is assured to be given a fair assessment of the value of your property.
The loss of a loved one is a difficult time in life. Settling an estate from a death, or probate often requires an 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 the fullest degree of discretion.
Unlike many wealthy individuals, the majority of Americans do not have dedicated estate planners or executors to handle these issues. Also, in most cases, a home or other real property makes up a disproportionate share of the total estate value.
Here too, we at Appraisal Partners can help. Often, the first step in fairly disposing of an estate is to understand its true value. A reliable appraisal and constant communication from one of our appraisers can help determine the worth of the property so equitable arrangements can more easily arrive. This way, everyone walks away knowing they’ve received a fair deal.