David Tapper

Divorce & Real Estate! How do you evaluate your home?


Getting divorced is tough enough. It can be very emotional for everyone. But what happens when real estate is involved? It make matters much more difficult.
Many families are torn when deciding who gets what. How do we split our real estate portfolio? How do we know what is fair, how do we evaluate the values?
Can you imagine how difficut it must be for Frank and Jaime McCourt, the owners of the Los Angeles Dodgers baseball team? Not that you should feel sorry for the McCourts and their difficult task of dividing their Hundreds of Millions in a reported nasty divorce. But it does make it that much more difficult.

If you are not selling the property(s)The first and easiest, along with the least inexpensive would be for you to have your Realtor evaluate it. You should actually have multiple agents come and do a market analysis.

Another thing you can do is ask your Realtor to do a “REV”. A “REV” is short for a review. Your Realtor will ask his/ her associates in their office 2012/ 58377 / giochi di casino /SCO del 21 dicembre 2012 – Revoca della convenzione di concessione n. to come and give their respective opinions on value. This will allow you to have 10-20-30  different agents provide value in one day. It”s also free!
Usually attorney”s have appraisers come and give their opinion of value. But remember, an appraisal is just an opinion from one person.
The easiest solution is to sell for market value and then divide your assets, but usually one spouse would prefer to stay in the home.
There are no easy answers to this difficult problem, but asking your agent to evaluate your home may be a good way to start.
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