Divorce is an unfortunate event in any family. But when it happens, one of the most contentious issues is how the real estate will be split among the divorcing couples. The law uses a system called equitable distribution of property which tries to compensate the couples reasonably for their contributions towards the marriage. The important point here is that equitable does not mean a 50-50 split all the time. Typically, only marital property is considered in property settlements.
Appraisal of the property is the basis of settlements in such cases. The usual concerns that divorcing couples face are that the appraisals are not fair, are often biased towards one party or are not accurate. The entire proceeding is closed when the property is sold and the value is split between the couple. Another outcome is that one spouse could buyout the property from the other. Both these outcomes are dependent on the appraisal of the property. The outcomes will be positive for both the parties if the appraisal process is fair, attributes the right value to the property and completes on time without dragging.
We at Renaissance Appraisal understand that a divorce is an upsetting times in a person’s life. That is why we handle your case with utmost care and discretion. We are ethically bound to keep your situation confidential. You will find that our home appraisal report is the exhaustive and comprehensive so that the appraisals that we give are clear and transparent. We are courteous, friendly and acknowledge that we are dealing a sensitive issue. Our appraisals are accurate and transparent. We do a comprehensive site inspection and specifically look for features that are unique to your property which can increase its value. After the inspection, we come out with a well supported report that is fully admissible and defensible in court.
We guarantee that our appraisals are independent from any undue pressure, influence or coercion. We are highly experienced and understand all the subtleties of the settlement process. We leverage this experience in exceeding all your expectations. We can help you to conclude a fair divorce property settlement without any hassles.