If property settlement during separation or divorce is amicable, a house valuation for divorce proceedings (sometimes referred to as a “divorce valuation”) – whilst not required for court purposes – can still assist with the settlement. If there is a dispute over the property value then it is likely that an independent valuation will be required to reach a successful property settlement.
A family law property settlement valuation is also undertaken to administer deceased estates and during the transfer of property within a family.
In our experience having a clear equitable value can often save both parties a lot of time, money, and angst during family law matters.