![]() Dividing assets?We understand that divorce can be very difficult. There are numerous issues looming, including what to do with the shared residence. There are generally two alternatives when it comes to 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 order an appraisal of the common real estate.When the intended use of an appraisal is a couple splitting up, it should include a well-supported, expert report that will hold up during a trial. Souris Valley Appraisal, LLC pledges to give you the very best in service with professional courtesy and the highest quality appraisal. We also know how to care for the prickly needs of a divorce situation.
North Dakota attorneys as well as accountants rely on our opinions when determining what real estate is worth for estates, divorces, or other disputes requiring a value opinion. We have a lot of expertise dealing with all the parties involved and are standing by to assist your needs. We provide appraisal reports for courts or various agencies that meet or exceed their requirements. For legal professionals handling a divorce, your case's research frequently necessitates an appraisal to ascertain market value for the residential real estate involved. A great deal of the time the divorce date differs from the date you purchased the appraisal. We're versed in the procedures and requirements requisite to develop a retrospective appraisal that has an effective date and Market Value opinion matching the date of divorce. For each divorce appraisal we are hired to do, we keep in mind that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, resulting in the utmost discretion. |