A professional home appraisal ensures fair asset division during separation by determining the property’s true market value
During divorce proceedings, a certified home appraisal plays a crucial role in establishing the accurate value of what is often the couple’s largest shared asset. This independent assessment helps prevent disputes and ensures equitable distribution of property value.
A professional appraisal provides several key benefits:
- Creates a legally defensible valuation that courts and lawyers can rely upon
- Eliminates potential conflicts over the property’s worth between separating spouses
- Accounts for current market conditions, recent renovations, and property defects
- Helps determine appropriate buyout amounts if one party wishes to keep the home
- Supports fair calculation of each party’s share in the matrimonial property division