![]() Splitting up marital assets?We know that divorce can be very difficult. There are numerous choices looming, including the fate of the shared residence. There are generally two choices when discussing real estate - it can be put up for sale and the proceeds split, or one party can "buy out" the other. In either case, one or both parties would be wise to get an appraisal of the residence. Contact us if you require an appraisal related to a divorce or other separation of assets. A divorce appraisal needs a well-established, expert value conclusion that will hold up to a judge. Certified Residential Appraisal, Inc. pledges to give you the very best in service with courtesy and the highest quality appraisal. We understand how to handle the sensitive needs of a divorce situation. IL attorneys as well as accountants depend on our analysis when determining what the real property is worth for estates, divorces, or other disputes where it is material. We have an abundance of expertise working with everyone involved and We understand their needs and are accustomed to dealing with all parties involved. We submit appraisal documents that meet the requirements of the courts and various agencies. As a lawyer handling a divorce, your case's evidence often requires an appraisal to determine fair market value for the residential real estate involved. Often the divorce date may not be the same as the date you requested the appraisal. We're comfortable with the procedures and requirements mandatory to complete a retroactive appraisal with an effective date and Fair Market Value estimate that matches the date of divorce. We perform many divorce appraisals and we understand that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which means the highest amount of confidentiality, resulting in the utmost discretion. |
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