Dividing assets?Divorce settlements involve many decisions, including who gets the house. There are generally two choices when it comes to common real estate - it can be put up for sale and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would be wise to get an appraisal of the residence.
When the intended use of an appraisal is a couple splitting up, it must have a well-supported, expert report that can be supported during a trial. Benchmark Appraisal Services, Inc. pledges to give you the very best in service with courtesy and top notch analysis. We understand how to care for the delicate needs of a divorce situation.
Virginia attorneys as well as accountants depend on our appraisals when ascertaining real property values for estates, divorces, or other disputes needing a value opinion. We understand their needs and are used to dealing with all parties involved. We create appraisal documents for courts or various agencies that meet or exceed their requirements.
As an attorney representing a client in a divorce, your case's research often necessitates an appraisal to determine market value for the residential real estate involved. Often the divorce date can be different from the date you purchased the appraisal. We're accustomed to the processes and what is elementary to complete a retrospective appraisal with an effective date and Market Value estimate matching the date of divorce. For each divorce appraisal we take on, we keep in mind that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which compels us to keep the highest degree of confidentiality, resulting in the utmost discretion.