DIVORCE: WHY HAVE AN APPRAISAL DONE?

	Insure your rights are protected.
	If you are getting a divorce insure that your home is accurately valued.
	Do not rely on an appraisal prepared for your spouse, as it may not represent your best interest.
	Allow us to help you make the best out of a bad situation.
	For extensive information and additional resources on Divorce:

Divorce involves many decisions, including "Who gets the house"? In a divorce there are generally two options regarding the house - it can be sold and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties should order a Colorado divorce appraisal of the home as of the date of separation. Preparing a Colorado home for a divorce settlement requires a professional real estate appraiser that can support a defensible opinion in court. Just like choosing a doctor, attorney, or accountant it is wise to review the qualifications of the home or commercial appraiser before making your selection.

If the purpose of the Colorado home appraisal is for tax return filing purposes a helpful resource is Publication 504, PUB-523-SELLING YOUR HOME AND Pub 527-RESIDENTIAL RENTAL PROPERTY which explain the tax rules that apply if you are divorced or separated from your spouse. In a tax return filing situation, selection of the home appraiser is very important. Under IRS guideline an appraiser must be qualified under Treasury Regulations Section 1.170A-13(c)(5). In addition, you should find an experienced home appraiser appraiser, one that is familiar with IRS Real Property Valuation Guide Lines. For example, Treasury Regulation Section 20.2031-1(b) requires the appraiser to follow certain guide lines when preparing an appraisal for federal and state tax filing.

When you order a Colorado residential home appraisal from AppraiserPlus you are assured that you will get professional Colorado real estate appraisers with fast service, courtesy, and the highest quality appraisal reporting. We also know how to handle the sensitive needs of a Colorado divorce appraisal situation.

It is equally important that you select a Colorado Certified appraiser who has the experience and knowledge necessary to prepare home and commercial appraisal reports according to IRS Real Property Valuation Guide Lines. We believe that an appraisal prepared by a Certified AppraiserPlus appraiser provides you with the highest quality reporting in the industry. Ronald Seylhouwer Principal of AppraiserPlus has 6 years of experience in real estate and complex residential appraisals.

Attorneys and Accountants rely on real estate appraisals when calculating real property values for estates, estate tax return filing, divorces, or other marital disputes requiring a value being placed on real property. As Colorado real estate appraisers we understand their needs and are used to dealing with all parties involved. AppraiserPlus provides residential home appraisal reports throughout the great Denver metropolitan area, including: Arapahoe, Adams, Broomfield, Denver, Douglas, and Jefferson Counties.  AppraiserPlus appraisals are in compliance with the Uniform Standards Of Professional Appraisal Practice (USPAP).

As an attorney handling a Colorado divorce, your needs often times include hiring real estate appraisers to establish "Fair Market Value" (FMV) for the home or commercial real estate involved. Often the divorce date differs from the date you order the appraisal. We are familiar with the procedures and requirements necessary to perform a retroactive (forensic) real estate appraisal with an effective date and "Fair Market Value" (FMV) opinion matching the date of separation. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds AppraiserPlus with confidentiality, ensuring the fullest degree of discretion.

AppraiserPlus does not intend to give legal, tax, financial planning advise. You should check with your Colorado attorney, accountant, tax adviser, and or accountant regarding the divorce appraisal process and any other matters before proceeding with any course of action.

Disclaimer: All information that we provide on our web site is of a general nature. It is not intended to address the circumstances of any particular individual or entity. Even though we strive to provide accurate and timely information, we do not guarantee that such information is accurate. No one should act upon such information without appropriate professional advice after a thorough examination of the facts of their particular situation.

AppraiserPlus is not an attorney's, tax professionals, financial planners or accountants. The above is not intended to give advise on legal, tax, financial planning, or accounting matters. Please check with your attorney, tax advisor, financial planner, and accountant for information regarding said matters.

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To order an appraisal or for additional information you can e-mail AppraiserPlus at: ron@appraiserplus.com

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