When handling a divorce, choose Gate City Bank to provide an accurate value of real estate to be divided.Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices when it comes to the shared residence - it can be put on the market and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties should commission an appraisal of the shared real estate. Contact us Gate City Bank can assist if you need an appraisal for the purposes of a divorce or other division of assets. A divorce appraisal requires a well-supported, expert value conclusion that is defensible in court. Gate City Bank pledges to give you an exceptional level of service with professional courtesy and well-supported conclusions. Taking into account the particular conditions of a divorce situation is not a problem for us. ND attorneys and accountants rely on our values when determining real property values for estates, divorces, or other disputes where it is in question. We have a lot of expertise working with everyone involved and are ready to assist with your needs. We provide appraisal reports for courts or various agencies that meet or exceed their requirements. For legal professionals handling a divorce, your case's material facts often needs an appraisal to establish fair market value for the residential real estate involved. Often the divorce date may not be the same as the date you purchased the appraisal. We are familiar with the techniques and all that it takes to perform a retroactive appraisal with an effective date and Fair Market Value conclusion that matches the date of divorce. For each divorce appraisal we are hired to do we remain cognizant of the fact that they require prudence with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, ensuring the utmost discretion. |