Dividing assets?We understand that divorce is never easy. There are many decisions that have to be finalized, including the status of the shared residence. There are generally two alternatives regarding 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 residence. Contact us if your needs include an appraisal dealing with a divorce or other separation of assets. When the reason for an appraisal is a divorce settlement, it needs a well-supported, professional report that can be supported during a trial. When you order an appraisal from North East Appraisal, Inc, you are assured the best in service with professional courtesy and well-supported conclusions. We also know how to handle the prickly needs of a divorce situation. IL attorneys and accountants rely on our analysis when determining real property values for estates, divorces, or other disputes needing a value opinion. We have a great deal of expertise dealing with all the parties involved and can readily handle your needs. We submit appraisal documents that fulfill the requirements of the courts and various agencies. For lawyers dealing with a divorce, your case's material facts often requires an appraisal to determine fair 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 accustomed to the processes and all that it entails to perform a retroactive appraisal that has an effective date and Fair Market Value estimate corresponding to the date of divorce. For each divorce appraisal we perform we keep in mind that they need to be handled with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost discretion. |