Involved in a divorce? Moab Appraisal Inc. has the specific competence you're looking for.Divorce settlements involve many decisions, including who gets the house. There are generally two choices when discussing 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 should order an appraisal of the residence.
Sometimes a retrospective (past value) of the property is required when one party brought the asset (property) into the marriage or partnership. Our office can provide the value of the property at the time of the marriage or partnership. This past value can provide the data and information needed to be able to just split the increase in value between the parties involved and not include the initial value of the property brought into the relationship.
For lawyers dealing with a divorce, your case's research frequently necessitates an appraisal to determine market value for the residential real estate involved. A lot of the time the divorce date differs from the date you purchased the appraisal. We're versed in the methods and what it takes to complete a retrospective appraisal with an effective date and Market Value conclusion matching the date of divorce.
An appraisal for divorce purposes should include a well-established, expert appraisal document that can be supported in court.
When you order an appraisal from Moab Appraisal Inc.,
Attorneys as well as accountants in Utah depend on our appraisals when figuring out real property values for estates, divorces, or
other disputes where it is crucial.