Splitting up assets?
Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two choices regarding common real estate - it can be put on the market and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to get an appraisal of the shared real estate.
Contact us if your needs include an appraisal for the purposes of a divorce or other allocation of assets.
An appraisal for the purpose of assent division needs a well-established, professional value conclusion that will hold up in court. S. Peters and Associates, Inc guarantees the very best in service with courtesy and top notch analysis. We understand how to handle the sensitive needs of a divorce situation.
Attorneys in MN as well as accountants depend on our appraisals when figuring out what the real property is worth for estates, divorces, or other disputes where it is in question. We have a great deal of expertise dealing with all the parties involved and are ready to assist with your needs. We create appraisal reports for courts or various agencies that meet or exceed their requirements.
For lawyers representing a client in a divorce, your case's material facts frequently needs an appraisal to establish fair market value for the residential real estate involved. Many times the divorce date may not be the same as the date you purchased the appraisal. We're accustomed to the methods and what it takes to develop a retroactive appraisal that has an effective date and Fair Market Value estimate matching the date of divorce. For each divorce appraisal we handle we remain mindful of the fact that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, guaranteeing you the utmost discretion.