The Appraisal: What's It Worth? (Family Advocat Vol. 32, No. 4 Spring 2010)
Roger F. Tibble
YOUR CLIENT, MRS. SMITH, HAS PRESENTED appraisals of marital property for your considerration Mr. Smith presents appraisals of the same property at considerably lower market values. What steps can you take in analyzing each appraisal to determine an equitable settlement for the marital real estate? The above scenario raises the following questions: • What constitutes a “credible” appraisal/valuation? •What is “highest and best use” and why is it important? • How are income producing/rental...