Splitting up marital assets?
Divorce settlements involve many decisions, including "Who gets the house". There are generally two options when it comes to the house - it can be put on the market and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties should order an appraisal of the residence.
Contact us if your needs include an appraisal related to a divorce or other separation of assets.
A divorce appraisal must have a well-supported, expert report that will hold up in court. H.M. Hoffman & Company pledges to give you the very best in service with professional courtesy and the highest quality appraisal. Handling the sensitive conditions of a divorce situation is somewhat matter-of-fact for us.
PA attorneys as well as accountants rely on our opinions when calculating real property values for estates, divorces, or other disputes where it is crucial. We have a lot of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We create appraisal documents for courts or various agencies that meet or exceed their requirements.
As an attorney working with a divorce, your case's research frequently requires an appraisal to establish fair market value for the residential real estate involved. A lot of the time the divorce date can be different from the date you requested the appraisal. We're experienced with the procedures and requirements mandatory to develop a retroactive appraisal with an effective date and Fair Market Value conclusion matching the date of divorce. We handle a reasonable number of divorce appraisals and we understand that they require prudence delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which compels us to keep the highest degree of confidentiality, guaranteeing you the utmost discretion.