It’s no question that divorces are difficult. Just like it’s no question that dividing assets is one of the most difficult aspects of a divorce. However, here at HAG appraisals, we try to make this process as painless and discreet as the situation entails.
When you’re going through a divorce, if you share property, you’ll need a professional real estate appraisal. The appraisal will determine the value of the property asset and then the party can asses the division. It is important to get an appraisal because the settlement is based on an actual, fair market value of the home/property. If you’ve had an appraisal done in the past, chances are the value has changed.
After receiving the appraisal, you and your spouse, along with your attorneys will need to decide who gets what or what to do if there are any assets in the negative. When the appraisal is done, it concludes the professional side of the divorce division. Any other determinations will be made between your legal party and your spouse’s.
If you are unclear what is needed for an appraisal when going through a divorce, dividing assets, or any other type of division, please call or come into Home Appraisal Group for more information. We are happy to help you through this difficult time and offer all our knowledge at your disposal to get you on your way to more important things.