Dividing marital assets?We understand that divorce can be very difficult. There are countless decisions that have to be finalized, including what to do with the home. There are generally two options regarding common real estate - it can be sold and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would be wise to get an appraisal of the residence.An appraisal for the purpose of asset division requires a well-supported, expert value conclusion that will hold up during a trial. When you order an appraisal from Buffalo Ridge Appraisals, LLC., you are assured the best in service with professional courtesy and the highest quality appraisal. We also know how to care for the prickly needs of a divorce situation.
Minnesota attorneys as well as accountants rely on our opinions when calculating what real estate is worth for estates, divorces, or other disputes where it is material. We have a lot of expertise working with everyone involved and can readily handle your needs. We create appraisal reports for courts or various agencies that meet or exceed their requirements. For attorneys dealing with a divorce, your case's evidence typically requires an appraisal to ascertain market value for the residential real estate involved. Many times the divorce date differs from the date you requested the appraisal. We're versed in the techniques and requirements requisite to develop a retrospective appraisal with an effective date and Market Value estimate corresponding to the date of divorce. For each divorce appraisal we are hired to do, we understand that they need to be handled with total professionalism. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, ensuring the utmost discretion. |
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