What is a Divorce valuation?
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Finalizing a divorce involves many decisions, including "Who gets the house"? There are generally two options regarding the house - it can be sold and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties should order an appraisal of the residence. Sometimes the couple then averages the two appraisal values.
The divorce appraisal is conducted the same as the estate and date of death appraisals however the purpose is different. Divorce appraisals require a well supported, professional appraisal that is defensible in court.
The divorce appraisal is conducted the same as the estate and date of death appraisals however the purpose is different. Divorce appraisals require a well supported, professional appraisal that is defensible in court.