Divorce Appraisals in the state of IL by Ryan PovolishFinalizing a divorce involves many decisions, including "Who gets the house". There are generally two alternatives regarding the shared residence - 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 order an appraisal of the residence. Contact us if your needs include an appraisal related to a divorce or other division of assets. A divorce appraisal must have a well-established, professional report that can be supported during a trial. When you order an appraisal from Ryan Povolish, you are assured the best in service with courtesy and the highest quality appraisal. Through experience and education, we've learned how to handle the prickly needs of a divorce situation. IL attorneys and accountants depend on our analysis when ascertaining what the real property is worth for estates, divorces, or other disputes needing a value opinion. We have an abundance of expertise working with everyone involved and are ready to assist with your needs. We submit appraisal documents that fulfill the requirements of the courts and various agencies. For attorneys handling a divorce, your case's evidence typically necessitates 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 purchased the appraisal. We're versed in the processes and requirements fundamental to do a retroactive appraisal that has an effective date and Fair Market Value conclusion that matches the date of divorce. For each divorce appraisal we perform we understand that they need to be handled with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) compels us to keep the highest degree of confidentiality, ensuring the utmost discretion. |