Los Angeles County and Riverside CountyDivorce settlements involve many decisions, including who keeps the house. There are generally two options when discussing 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 would find it in their best interest to commission an appraisal of the shared real estate.
When the purpose of an appraisal is the division of assets, it must have a well-established, expert appraisal document that is defensible to a judge. When you order an appraisal from The Mason Group, you are assured the best in service with courtesy and well-supported conclusions. Handling the particular needs of a divorce situation is common territory for us.
California attorneys as well as accountants rely on our opinions when determining what real estate is worth for estates, divorces, or other disputes where it is crucial. We have a lot of expertise dealing with all the parties involved and are standing by to assist your needs. We provide appraisal documents for courts or various agencies that meet or exceed their requirements.
For legal professionals representing a client in a divorce, your case's research typically necessitates an appraisal to ascertain market value for the residential real estate involved. Often the divorce date can be different from the date you ordered the appraisal. We're comfortable with the techniques and what is vital to complete a retrospective appraisal with an effective date and Market Value conclusion that matches the date of divorce. We handle many divorce appraisals (unfortunately) and we understand that they need to be handled prudently. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which compels us to keep the highest degree of confidentiality, resulting in the utmost discretion.