Splitting up assets?Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices when discussing the house - 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 should order an appraisal of the residence. Contact us if you require an appraisal related to a divorce or other separation of assets. When the purpose of an appraisal is a couple splitting up, it should include a well-established, expert value conclusion that will hold up to a judge. When you order an appraisal from First National Bank, you are assured the best in service with courtesy and top notch analysis. We also know how to provide for the sensitive needs of a divorce situation. Attorneys in AR as well as accountants depend on our appraisals when figuring out real property values for estates, divorces, or other disputes where it is relevant. We have a lot of expertise dealing with all the parties involved and are standing by to assist your needs. We create appraisal documents for courts or various agencies that meet or exceed their requirements. As an attorney working with a divorce, your case's research regularly requires an appraisal to establish fair market value for the residential real estate involved. A lot of the time the divorce date may not be the same as the date you purchased the appraisal. We're accustomed to the methods and requirements requisite to do a retroactive appraisal that has an effective date and Fair Market Value estimate corresponding to the date of divorce. For each divorce appraisal we are hired to do we keep in mind that they require prudence with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) compels us to keep the highest degree of confidentiality, guaranteeing you the utmost discretion. |