Divorce Appraisal Litigation
Divorce Appraisal Litigation is the first issue to be planned for and the last event before settlement. Arranging for a divorce appraiser is not a yellow page option. The resident real estate appraiser is usually not qualified to appraise the personal property of the marital estate that is to be divided. The personal property (all tangible and intangible property that can be moved) requires special training and experience to appraise. The personal property of the marital estate will meet or exceed the value of the home that is appraised at $200,000 or more. Divorce appraisal litigation should be planned from the first visit of the client.
The Divorce Appraisal Litigation should always include the option to have a qualified, accredited, unbiased appraiser do a joint appraisal for both spouses. This will not only help negotiations but it will speed the process and cut down on appraisal cost. The qualifications for a qualified, accredited appraiser for Divorce Appraisal Litigation is:
- Experienced as a divorce appraiser including the ability to do business valuations, machinery and equipment appraisals, personal property and real property appraisals,
- Educated from the Appraisal Foundation’s (set up by Congress) list of approved Appraisal Organizations, such as; American Society of Appraisers, National Association of Professional Appraisers or National Auctioneer Association with accreditations and designations of ASA, SPA and GPPA.
- Courtroom graduate as an expert appraisal witness, a record of irrefutable testimony defending appraisals!
- MOST OF ALL USPAP 2008-2009 Compliant, the laws change almost every year! One of our Senior Professional Appraisers teach the National USPAP 15 hour course and test.
If there is Divorce Appraisal Litigation and not mutual consent for a joint appraisal then it is imperative that an appraiser is chosen with all the credentials listed above AND that he can deliver an appraisal that is understandable, defendable and irrefutable!
Fussell Valuation Associates combine all of the qualifications and accreditations listed above to insure that your Divorce Appraisal Litigation is not another dispute within the divorce but rather a solution for all participants. Fussell Valuation Associates has seven Senior Professional Appraisers with a combined 70 years experience in valuations to meet your Divorce Appraisal Litigation needs. Give us a call, 480 463 6579
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