Divorce Appraisal in Carmel Valley
A neutral opinion of value for dividing real property in a marital dissolution. Jointly retained by both parties, or engaged by one side with the other on notice.
What Carmel Valley changes about this appraisal
Master-planned neighborhoods of relatively homogeneous construction era and quality, which makes for tight comparable sets and small adjustments.
California is a community property state, and the valuation DATE is contested more often than the value itself. The appraiser may be asked for value at separation, at trial, or both. Neutrality is the product: an appraisal that visibly favors the party who paid for it is worthless in a courtroom.
The rules that apply
Family Code §760, community property, Property acquired by a married person during marriage while domiciled in California is presumed community property, wherever it is situated. Property owned before marriage, or received during it by gift or inheritance, is separate under §770. Characterisation is a legal question for the attorneys, but it determines what the appraiser is actually being asked to value.
Family Code §2552(a). Value as near as practicable to trial, The default is NOT the date of separation. The court values assets "as near as practicable to the time of trial". In a rising or falling market that difference can be substantial, and it is the single most common misunderstanding in divorce valuation.
Family Code §2552(b), alternate valuation date, On motion of a party, and for good cause shown, the court may value an asset at a different date. Date of separation is the usual alternative. Because the date is litigable, an appraiser is often asked for value at more than one effective date so each side can see the exposure.
Moore/Marsden, apportioning separate and community interests, Where one spouse bought the home before marriage and community earnings paid down the loan during it, both estates hold an interest. Apportioning them can require value at the date of marriage, at separation, and at trial, three retrospective assignments on one property.
Evidence Code §730, court-appointed expert, A court may appoint its own expert where an issue requires one. In practice most family law appraisals are jointly retained by the parties rather than court-appointed, which produces one neutral opinion instead of two opposed ones.
Working in Carmel Valley
Kevin O'Brien holds a California Certified General Real Estate Appraiser (#3005065), which carries no property-type or value limitation, and works throughout San Diego County and throughout the market areas listed on this site. Standard turnaround is 1–3 weeks.
Common questions
Is the house valued as of the date we separated?
Can we both use the same appraiser?
My spouse will not let the appraiser inside. Now what?
I owned the house before we married. Does that make it mine?
Related
Next step
Tell me about the property.
Most assignments start with a short call, property type, the purpose of the appraisal, and the deadline you are working against. You get a fixed quote before any engagement, never contingent on the value reached.
Typical commercial fees range $2,000–$4,000. Residential and simpler assignments quote lower. Every engagement is quoted in advance, so the figure is known before work begins.
KO Appraisal