Divorce Appraisals in Cook County by Illinois Expert AppraisalWe realize that divorce can be very difficult. There are many decisions to worry about, including what to do with the shared residence. There are generally two choices when it comes to the house - it can be sold and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to commission an appraisal of the mutual real estate.
An appraisal for divorce purposes must have a well-established, expert appraisal document that can be supported in court. When you order an appraisal from Illinois Expert Appraisal, you are assured the best in service with courtesy and well-supported conclusions. We also know how to provide for the delicate needs of a divorce situation.
Illinois attorneys and accountants rely on our appraisals when figuring out what real property is worth for estates, divorces, or other disputes needing a value opinion. We understand their needs and are used to dealing with all parties involved. We create appraisal reports that fulfill the requirements of the courts and various agencies.
For attorneys dealing with a divorce, your case's research typically requires an appraisal to ascertain market value for the residential real estate involved. Often the divorce date can be different from the date you ordered the appraisal. We're accustomed to the processes and what is imperative to perform a retrospective appraisal that has an effective date and Market Value conclusion corresponding to the date of divorce. We work on lots of divorce appraisals (unfortunately) and we understand that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which means the highest amount of confidentiality, ensuring the utmost discretion.