![]() Splitting up marital assets?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 split, or one party can "buy out" the other. In either case, one or both parties would be wise to get an appraisal of the common real estate. Contact us if you require an appraisal for the purposes of a divorce or other separation of assets. An appraisal for the purpose of assent division should include a well-established, professional value conclusion that will hold up during a trial. When you order an appraisal from J. Patrick O'Leary & Company, you are assured the best in service with professional courtesy and well-supported conclusions. Through experience and education, we've learned how to care for the sensitive needs of a divorce situation. Attorneys in TX as well as accountants depend on our analysis when determining real property values for estates, divorces, or other disputes where it is important. We have an abundance of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. 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 typically needs an appraisal to establish fair market value for the residential real estate involved. Many times the divorce date can be different from the date you purchased the appraisal. We're experienced with the procedures and all that it means to perform a retroactive appraisal with an effective date and Fair Market Value conclusion matching 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) means the highest amount of confidentiality, ensuring the utmost discretion. |