When handling a divorce, choose Elite Appraisal Center, LLC to provide a realistic value of the shared home.We know that divorce is a painful process. There are many issues looming, including what to do with the shared residence. There are generally two options when discussing common 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 commission an appraisal of the shared real estate.
A divorce appraisal requires a well-supported, authoritative value conclusion that will hold up to a judge. When you order an appraisal from Elite Appraisal Center, LLC, you are assured the best in service with courtesy and well-supported conclusions. Working through the special needs of a divorce situation is somewhat matter-of-fact for us.
Attorneys as well as accountants in Illinois depend on our appraisals when figuring out what real property is worth for estates, divorces, or other disputes where it is crucial. We have a lot of expertise dealing with all the parties involved and are ready to assist with your needs. We create appraisal documents for courts or various agencies that meet or exceed their requirements.
For attorneys representing a client in a divorce, your case's research frequently needs an appraisal to establish market value for the residential real estate involved. A lot of the time the divorce date can be different from the date you purchased the appraisal. We're experienced with the techniques and what is imperative to develop a retrospective appraisal with an effective date and Market Value estimate matching the date of divorce. For each divorce appraisal we handle, we keep in mind that they need to be handled prudently. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, guaranteeing you the utmost discretion.