Divorce is never an easy process, and dividing assets can be especially challenging.  One of the most significant assets that often need to be divided is the marital home, and determining its value can be a crucial step in the process.  In this article, we’ll discuss appraisals in the divorce process and how they can help ensure that the property is divided fairly.

  1. Timing is essential.  It’s important to get an appraisal early in the divorce process so that both parties have a clear understanding of the property’s value.  This can help avoid delays in the settlement process and ensure that both parties have the necessary information to make informed decisions.  In some situations, a retrospective appraisal may be requested by the attorney.  This is an appraisal that determines the value of a property at a specific point in the past, rather than at the current time.
  2. Choose a qualified appraiser.  When selecting an appraiser for the property, it’s essential to choose someone who is experienced and knowledgeable about appraisals in divorce cases.  A qualified appraiser will have the necessary expertise to provide an accurate and well supported valuation of the property.
  3. Understand the appraisal process.  During the appraisal process, the appraiser will visit the property, take measurements, and evaluate the property’s condition. The appraiser will research recent sales of similar properties in the area to determine the property’s value.  The appraiser will then provide a detailed report outlining their findings and explaining how they arrived at the final opinion of value.

At Acadiana Appraisals & Consulting, we understand the sensitive and emotional nature of the divorce process.  We prioritize maintaining client confidentiality and professionalism throughout the appraisal process.  Lane Duplechin, our chief appraiser, has vast experiences in completing divorce appraisals and other litigation-related appraisals.  He has completed extensive training in this field and understands the importance of providing a well-supported and comprehensive valuation of the property.  He uses a variety of data sources and analysis methods to produce appraisal reports that are detailed and easy-to-understand.

In conclusion, an appraisal is a crucial step in the divorce process.   It’s important to work with a qualified and experienced appraiser.  With the right approach, an appraisal can help both parties move forward with the divorce process and begin the next chapter of their lives.