Divorce Appraisals in the state of IL by J.S. Appraisals, Inc.
We realize that divorce can be very difficult. There are many decisions to worry about, including the status of the home. There are generally two choices when discussing real estate - it can be sold and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would find it in their best interest to get an appraisal of the common real estate.
Contact us if your needs include an appraisal dealing with a divorce or other division of assets.
An appraisal for the purpose of assent division needs a well-supported, professional report that can be supported to a judge. When you order an appraisal from J.S. Appraisals, Inc., you are assured the best in service with courtesy and well-supported conclusions. Handling the particular conditions of a divorce situation is not a problem for us.
IL attorneys as well as accountants rely on our appraisals when figuring out what the real property is worth for estates, divorces, or other disputes where it is important. We have an abundance of expertise dealing with all the parties involved and We understand their needs and are accustomed to dealing with all parties involved. We submit appraisal reports for courts or various agencies that meet or exceed their requirements.
For legal professionals working with a divorce, your case's evidence typically necessitates an appraisal to ascertain fair market value for the residential real estate involved. Many times the divorce date differs from the date you ordered the appraisal. We're accustomed to the processes and all that it takes to complete a retroactive appraisal that has an effective date and Fair Market Value conclusion corresponding to the date of divorce. We perform lots of divorce appraisals (unfortunately) and we understand that they require prudence with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, guaranteeing you the utmost discretion.