Splitting up assets?
We realize that divorce is a painful process. There are numerous issues that have to be finalized, including what to do with the home. There are generally two options when discussing common real estate - it can be sold and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to order an appraisal of the residence.
Contact us if your needs include an appraisal related to a divorce or other division of assets.
When the intended use of an appraisal is the division of assets, it must have a well-supported, expert report that is defensible during a trial. Barnes Appraisal Company pledges to give you an exceptional level of service with courtesy and the highest quality appraisal. Working through the sensitive conditions of a divorce situation is somewhat matter-of-fact for us.
Attorneys in OK as well as accountants rely on our appraisals when ascertaining real property values for estates, divorces, or other disputes where it is important. We have a lot of expertise dealing with all the parties involved and can readily handle your needs. We submit appraisal reports for courts or various agencies that meet or exceed their requirements.
As an attorney working with a divorce, your case's evidence frequently needs an appraisal to determine fair market value for the residential real estate involved. Many times the divorce date may not be the same as the date you requested the appraisal. We're versed in the procedures and what it means to perform a retroactive appraisal that has an effective date and Fair Market Value estimate matching the date of divorce. We perform many divorce appraisals and we understand that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, resulting in the utmost discretion.