What Does A Divorce Appraiser Do? 

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 The valuation of property held by one or both partners is usually required to determine the real estate value that will be divided as part of your divorce estate settlement. It happens when married partners decide to divorce. Such an assessment is commonly called a divorce evaluation. 

Another common term used to determine property value, including real estate, during divorce is the property's divorce appraisal. And for this type of evaluation or appraisal, one needs the help of a qualified divorce appraiser. 



The role of a divorce appraiser

One of the highest priorities in divorce is dividing marital property. You will first need to establish a fair property value whether you decide to sell or refinance a matrimonial home and split the equity. 

You will need to do two things when you are about to start a home appraisal during a divorce

1 - First is the fair market value or listing price of the house. It is the price house will sell at, keeping in mind all the factors.

2 - The second part is to calculate the net income that you can expect to share.

You will need to engage the services of a licensed real estate appraiser to do this job.

To begin with, 

1 - To assess the value and come up with a reasonably fair market value, an appraiser inspects the property by inspecting the square footage, lot size, number of rooms, and prices at which other similar homes in the vicinity have been sold in recent times. 

2 - The property's overall condition, housing trends, crime data, and other nearby facilities are factors the appraiser will also consider. 

The qualifications of a divorce appraiser

An appraiser has professional training and experience in determining the fair market value of a home. It is impossible to negotiate a deal with a buyer or ex-husband unless you have the exact details to work on this front. 

An experienced divorce appraiser will work out the best deal. 

Conclusion

Connect with a divorce appraiser who works with integrity and confidence for a fair settlement. 


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