Splitting up assets?
We understand that divorce is a painful process. There are many decisions that have to be finalized, including the status of the house. There are generally two alternatives regarding the shared residence - it can be put on the market and the proceeds split, or one party can "buy out" the other. In either case, one or both parties would be wise to commission an appraisal of the residence.
Contact us if your needs include an appraisal related to a divorce or other allocation of assets.
An appraisal for the purpose of assent division should include a well-established, authoritative report that can be supported in court. Compass Appraisals pledges to give you an exceptional level of service with courtesy and the highest quality appraisal. Taking into account the particular conditions of a divorce situation is somewhat matter-of-fact for us.
Attorneys in CA as well as accountants depend on our opinions when figuring out real property values for estates, divorces, or other disputes requiring a value opinion. We have a lot of expertise working with everyone involved and are ready to assist with your needs. We create appraisal reports that meet the requirements of the courts and various agencies.
For legal professionals representing a client in a divorce, your case's material facts regularly requires an appraisal to ascertain fair market value for the residential real estate involved. A lot of the time the divorce date differs from the date you requested the appraisal. We're comfortable with the procedures and what it means to do a retroactive appraisal that has an effective date and Fair Market Value opinion corresponding to the date of divorce. For each divorce appraisal we are hired to do we keep in mind that they need to be handled with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, guaranteeing you the utmost discretion.