Splitting up marital assets?Finalizing a divorce involves many decisions, including who keeps the house. There are generally two alternatives when discussing the shared residence - it can be put on the market 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 commission an appraisal of the shared real estate.
When the purpose of an appraisal is a divorce settlement, it must have a well-supported, expert value conclusion that will hold up in court. ASK Real Estate Services guarantees the very best in service with professional courtesy and well-supported conclusions. We also know how to care for the sensitive needs of a divorce situation.
Illinois attorneys and accountants depend on our analysis when determining real property values for estates, divorces, or other disputes depending on a value opinion. We have an abundance of expertise working with everyone involved and are standing by to assist your needs. We provide appraisal reports for courts or various agencies that meet or exceed their requirements.
For attorneys working with a divorce, your case's evidence often requires an appraisal to determine market value for the residential real estate involved. A great deal of the time the divorce date may not be the same as the date you purchased the appraisal. We're comfortable with the procedures and the effort needed to complete a retrospective appraisal with an effective date and Market Value opinion corresponding to the date of divorce. For each divorce appraisal we handle, we remain conscious of the fact that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which compels us to keep the highest degree of confidentiality, guaranteeing you the utmost discretion.