When involved in a divorce, choose CMH Appraisals LLC to provide a realistic value of the residence to be divided. We understand that divorce can be very difficult. There are numerous choices that have to be finalized, including what to do with the house. There are generally two alternatives when it comes to 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 would be wise to order an appraisal of the joint real estate.
Getting Ready for an Appraisal from CMH Appraisals
A divorce appraisal needs a well-established, expert report that can be supported in court. CMH Appraisals LLC pledges to give you the very best in service with professional courtesy and well-supported conclusions. We understand how to handle the sensitive needs of a divorce situation.
MI attorneys as well as accountants rely on our values when determining what the real property is worth for estates, divorces, or other disputes where it is material. We have a great deal of expertise dealing with all the parties involved and are standing by to assist your needs. We provide appraisal documents that fulfill the requirements of the courts and various agencies.
As an attorney dealing with a divorce, your case’s research often needs an appraisal to ascertain fair 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 experienced with the processes and the effort necessary to perform a retroactive appraisal that has an effective date and Fair Market Value conclusion matching the date of divorce. For each divorce appraisal we are hired to do we keep in mind that they require prudence delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, guaranteeing you the utmost discretion.
Speak to CMH Appraisals Today
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Do I Need An Appraisal?
There are a lot of reasons to order an appraisal, with the usual being real estate and mortgage transactions. Other reasons for ordering an appraisal include:
- If you are applying for a loan.
- To reduce your property taxes.
- To show a homeowner has 30% equity and remove PMI.
- To fight high property taxes.
- To settle an estate.
- To provide you a leg-up when purchasing a home.
- To figure out the most probable property value when listing your home.
- To ensure parties are provided just compensation in eminient domain cases.
- Government agencies such as the IRS require an appraisal on every home.
- If you ever find yourself in a lawsuit.