![]() Divorce Appraisals in the state of RI by Richard Barker Real EstateWe realize that divorce is a painful process. There are countless choices to worry about, including the status of the house. There are generally two options when discussing the house - 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 would be wise to commission an appraisal of the residence. Contact us if your needs include an appraisal for the purposes of a divorce or other division of assets. When the purpose of an appraisal is the division of assets, it must have a well-established, expert value conclusion that is defensible to a judge. When you order an appraisal from Richard Barker Real Estate, you are assured the best in service with courtesy and the highest quality appraisal. Handling the particular needs of a divorce situation is familiar territory for us. Attorneys in RI and accountants depend on our opinions when figuring out what the real property is worth for estates, divorces, or other disputes where it is important. We have an abundance of expertise working with everyone involved and We understand their needs and are used to dealing with all parties involved. We create appraisal reports for courts or various agencies that meet or exceed their requirements. As a legal professional dealing with a divorce, your case's evidence regularly necessitates an appraisal to determine 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 ordered the appraisal. We are familiar with the procedures and what it means to do a retroactive appraisal that has an effective date and Fair Market Value conclusion matching the date of divorce. For each divorce appraisal we perform we understand that they require prudence with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, resulting in the utmost discretion. |