Divorce Appraisals
Divorce can be a difficult process that involves deciding who gets the house if real estate is involved. This could include your home or a rental property. In divorce situations, the home is usually either sold or the one who stays in the house buys the other out. Each property should be appraised by a qualified real estate professional.
The attorney involved in the divorce proceedings will usually ensure that a real estate appraisal be completed to determine the Fair Market Valuation of each property. The appraisal report will typically be completed by the filing date or divorce. This means that the appraisal report is a retrospective appraisal. It will have an effective date that coincides with the filing date or divorce date.
A professional appraisal of real estate for asset division should be well-supported and defendable in court. An appraiser licensed in the state of North Carolina should complete the appraisal. They must be familiar with the process and work closely with clients to ensure the best possible service.
Blue Bird Appraisals provides property valuations and reports detailing each individual real estate/divorce situation. Blue Bird Appraisals is a Certified Appraisal firm. This certification allows us to appraise residential properties (1-4 units) in North Carolina. We are bound by the most recent standards of appraisal practice.