Divorce Appraisals

The marital home may be the greatest single asset of a marriage, but it may become a point of contention in a divorce given its financial and emotional value. It's important to understand both the legal rights and economic realities before making any decisions. Finalizing a divorce involves many decisions, including "Who gets the house"? There are generally two options regarding the house - it can be sold and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties should order an appraisal of the residence. Divorce appraisals require a well supported, professional appraisal that is defensible in court. Alta Associates Appraisals, Inc. can assure that its client will get the best in terms of professional service, courtesy, and the highest quality appraisal. Its knowledge of how to handle the sensitive needs of a divorce situation are important.

In addition to appraising homes for the purpose of settling marital disputes, a review appraisal, performed by other appraisers, is important to help assure a client that the determination of value is fair, equitable, unbiased and reasonable.

Attorneys and Accountants rely on our values when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. We understand their needs and are used to dealing with all parties involved. We provide appraisal reports that meet the requirements of the courts and various agencies.

Often the divorce date differs from the date an appraisal is ordered. We are familiar with the procedures and requirements necessary to perform a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of divorce. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.