Atlanta Divorce Appraisals
A well-conducted appraisal can provide clarity and fairness during the challenging process of divorce. Understanding the fair market value of your home and any other residential real estate that may be owned such as rental property, ensures the equitable division of assets. Appraisalsmith works with homeowners and divorce attorneys to provide high-quality, trusted home appraisals for Intown Atlanta properties.
If both you and your spouse agree to sell your home, the appraisal can make it easier to agree on a list price. If one party plans to stay in the house, attorneys can accurately assess how much that party owes the other – and the judge will require an appraisal by a certified residential appraiser before ruling on a settlement.
Defensible in Court
It is important to understand that divorce appraisals must be defensible in court. Thus, selecting an appraiser who has the experience and expertise to handle your home appraisal is important. An appraisal can also help to determine how much a house has appreciated over the course of the marriage. Often, the court also requires a “retroactive appraisal” to determine the value of a property based on a date in the past such as the date of marriage or the date the home was purchased.
Appraisalsmith has the knowledge to handle these types of appraisals and we understand how to clearly document and explain the appraisal value of your home. Additionally, when a case ends up in court, the appraiser may be called as an expert witness. Therefore, selecting an experienced appraiser is not just a choice, but a necessity. We are always prepared to serve as an expert witness for your case and unless required by law, we will not share your appraisal with anyone without your permission, this includes your spouse and opposing attorneys.