![]() Splitting up assets?We understand that divorce is a painful process. There are countless decisions looming, including what happens to the house. There are generally two choices when it comes to common real estate - it can be put up for sale and the proceeds split, or one party can "buy out" the other. In either case, one or both parties should get an appraisal of the residence.An appraisal for divorce purposes should include a well-supported, professional report that can be supported to a judge. When you order an appraisal from Sims Appraisal Company , you are assured the best in service with courtesy and the highest quality appraisal. We understand how to handle the sensitive needs of a divorce situation.
Tennessee attorneys as well as accountants rely on our appraisals when ascertaining real property values for estates, divorces, or other disputes where it is crucial. We have an abundance of expertise dealing with all the parties involved and are standing by to assist your needs. We provide appraisal reports for courts or various agencies that meet or exceed their requirements. As an attorney working with a divorce, your case's evidence frequently needs an appraisal to establish market value for the residential real estate involved. A great deal of the time the divorce date can be different from the date you purchased the appraisal. We're comfortable with the processes and what is vital to complete a retrospective appraisal with an effective date and Market Value opinion corresponding to the date of divorce. For each divorce appraisal we take on, we understand that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which binds us with confidentiality, resulting in the utmost discretion. |