![]() Splitting up marital assets?We know that divorce is a painful process. There are many decisions to worry about, including what to do with the home. There are generally two alternatives when it comes to 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 should commission an appraisal of the residence. Contact us Faylor Appraisal Services can assist if you need an appraisal dealing with a divorce or other separation of assets. A divorce appraisal should include a well-supported, professional report that will hold up during a trial. When you order an appraisal from Faylor Appraisal Services, you are assured the best in service with courtesy and well-supported conclusions. Handling the particular challenges of a divorce situation is frequent territory for us. WA attorneys as well as accountants rely on our values when calculating real property values for estates, divorces, or other disputes requiring a value opinion. We have a great deal of expertise working with everyone 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 often needs an appraisal to establish fair market value for the residential real estate involved. Often the divorce date differs from the date you ordered the appraisal. We are familiar with the processes and all that it means to do a retroactive appraisal with an effective date and Fair Market Value conclusion corresponding to the date of divorce. For each divorce appraisal we are hired to do we keep in mind that they require prudence with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, ensuring the utmost discretion. |