Understanding Divorce Appraisal: Key Factors and Processes
A Divorce Appraisal is a vital step in the equitable division of property during a separation or divorce. When real estate is one of the most significant shared assets, determining its fair market value is essential for fair negotiations, settlements, and court proceedings.
Here’s what you need to know about the process and key factors involved:
Fair Market Value – The appraiser assesses what the property would sell for under normal conditions, often as of the current date or a specific retrospective date.
Property Condition – Any upgrades, damage, or deferred maintenance can influence the home’s appraised value.
Location & Comparables – The appraiser uses recent sales of similar homes in the area to support their valuation.
Legal Requirements – The appraisal must comply with court and legal standards, and be impartial and professionally documented.
Hire a certified, neutral appraiser
Schedule a full property inspection
Appraiser researches and analyzes market data
A detailed report is issued, often used by attorneys or the court
At Pacific Home Appraisers, we specialize in Divorce Appraisals with accuracy, confidentiality, and care.
Call 818-880-1466 or visit www.PacificHomeAppraisers.com Certified. Experienced. Experts in Divorce Valuation.