Why Less is More When It Comes to Opinions About Your Home Value During a Divorce
Introduction
Going through a divorce is never easy, especially when it comes to dividing the assets. One of the most valuable and contentious assets is the family home. How do you determine its fair market value and who gets to keep it or sell it?
Many people make the mistake of getting opinions from multiple sources, such as friends, relatives, neighbours, or realtors. However, this can lead to more confusion, frustration, and conflict. In this post, we explain why you shouldn't rely on multiple opinions of your home value during a divorce, and how Sepr8.com can help you get a professional and unbiased appraisal in a short timeframe.
Why Multiple Opinions Are Not Helpful
There are several reasons why getting opinions from multiple people on your home value is not a good idea. Here are some of them:
Lack of training and expertise
Your friends, relatives, or neighbours may have some knowledge of the local real estate market, but in most cases they aren’t trained or qualified to appraise your home. They may not be aware of factors that affect your home’s value, such as its condition, features, upgrades, location, and market trends.
They probably don’t have access to the most recent and comparable sales data, which is essential for determining the market value of your home. An appraiser, on the other hand, has the education, experience, and credentials to perform a thorough and accurate appraisal of your home.
Conflict of interest and bias
A realtor may have a vested interest in giving you an opinion on your home value, especially if they want to get your listing or represent you as a buyer. They may inflate or deflate the value of your home to suit their own agenda, or to influence your decision to sell or keep the home.
A realtor's opinion of value is also not admissible in court, as it is not based on a formal appraisal process.
An appraiser, on the other hand, has no stake in the outcome of your divorce or the sale of your home. They are bound by ethical standards and regulations to provide an impartial and objective appraisal of your home.
Confusion and inconsistency
Getting opinions from multiple people on your home value can create confusion and inconsistency. You may get different numbers from different sources, and you may not know which one to trust or rely on. This can make it harder for you and your spouse to agree on the value of your home, and to negotiate a fair and equitable settlement.
It can also create more stress and conflict, as you may feel that your spouse is trying to cheat you or take advantage of you. An appraiser, on the other hand, can provide you with a single and definitive value of your home, based on a comprehensive and standardized appraisal process.
How Sepr8.com Can Help You
If you are going through a divorce and need to determine the value of your home, you should hire a professional and independent appraiser. However, finding and hiring an appraiser who specializes in separation and divorce can be a challenge. That's where Sepr8.com can help you.
Sepr8.com is a service that connects you with qualified and experienced appraisers in your area. You can order an appraisal online and get a report in 5-10 business days in most cases. Sepr8.com offers competitive and transparent pricing and has systems and processes in place to ensure the quality and accuracy of your appraisal report.
By using Sepr8.com, you can get a fair and accurate appraisal of your home in a timely manner. You can also avoid the hassle and uncertainty of getting opinions from multiple people, and save time and money. You can also reduce the conflict and stress that comes with dividing your assets during a divorce, and move on with your life.
Final Thoughts
Getting opinions from multiple people on your home value during a divorce is not a smart move. It regularly leads to more confusion, frustration, and conflict. It can also result in an inaccurate and unreliable valuation of your home, which can affect your divorce settlement and your financial future.
Instead, you should hire a professional and independent appraiser to appraise your home. However, finding and hiring an appraiser can be difficult and costly. That's why you should use Sepr8.com, a service that connects you with qualified and experienced appraisers in your area.
You can take a first step and order an automated valuation that returns a report in a few seconds. CLICK HERE TO ORDER
If you prefer to go straight to ordering a full appraisal report, contact our sister company (Value Connect) toll-free at 844-383-2473 x 4250. One of their Customer Success Managers will be happy to help you.
Don't trust multiple opinions on your home value during a divorce. Order your automated report through Sepr8.com, or full report at Value Connect, and get a professional and unbiased appraisal of your home in a short timeframe.