Handling a divorce? Five Borough Appraisal Service, Inc. has the experience you need.We know that divorce is a painful process. There are many issues that have to be resolved, including what's going to happen to the home. There are generally two choices when it comes to the shared residence - 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 commission an appraisal of the shared real estate. Contact us if your needs include an appraisal dealing with a divorce or other separation of assets. A divorce appraisal needs a well-established, professional value conclusion that is defensible to a judge. When you order an appraisal from Five Borough Appraisal Service, Inc., you are assured the best in service with courtesy and well-supported conclusions. Handling the particular challenges of a divorce situation is not a problem for us. NY attorneys and accountants rely on our appraisals when calculating what the real property is worth for estates, divorces, or other disputes where it is in question. We have a great deal of expertise dealing with all the parties involved and We understand their needs and are used to dealing with all parties involved. We create appraisal documents that fulfill the requirements of the courts and various agencies. For attorneys working with a divorce, your case's material facts often needs an appraisal to ascertain 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 requested the appraisal. We're versed in the procedures and what is essential to develop a retroactive appraisal that has an effective date and Fair Market Value opinion corresponding to the date of divorce. For each divorce appraisal we perform we keep in mind that they require prudence delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, ensuring the utmost discretion. |