We understand that divorce can be very difficult. There are numerous decisions to worry about, including the status of the house. There are generally two choices regarding 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 order an appraisal of the mutual real estate.
Contact us Concra Appraisal Associates can assist if you need an appraisal for the purposes of a divorce or other allocation of assets.
When the reason for an appraisal is the division of assets, it should include a well-supported, professional value conclusion that is defensible in court. When you order an appraisal from Concra Appraisal Associates, you are assured the best in service with courtesy and well-supported conclusions. We also know how to handle the delicate needs of a divorce situation.
NY attorneys and accountants depend on our appraisals when determining what the real property is worth for estates, divorces, or other disputes where it is material. We have a great deal of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We provide appraisal documents that meet the requirements of the courts and various agencies.
For attorneys representing a client in a divorce, your case's research regularly needs an appraisal to determine fair market value for the residential real estate involved. Many times the divorce date can be different from the date you requested the appraisal. We're comfortable with the procedures and the effort requisite to develop a retroactive appraisal with an effective date and Fair Market Value opinion matching the date of divorce. We work on a reasonable number of divorce appraisals and we understand that they need to be handled with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, resulting in the utmost discretion.