Splitting up assets?Finalizing a divorce involves many decisions, including "Who gets the house". There are generally two choices regarding real estate - it can be put up for sale 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 residence. Contact us if your needs include an appraisal related to a divorce or other division of assets. A divorce appraisal needs a well-supported, expert document that can be supported in court. When you order an appraisal from Blackstone Realty & Appraisals, Inc., you are assured the best in service with professional courtesy and well-supported conclusions. We also know how to provide for the delicate needs of a divorce situation. Attorneys in IL as well as accountants depend on our appraisals when ascertaining what the real property is worth for estates, divorces, or other disputes depending on a value opinion. We have a great deal 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. As a legal professional working with a divorce, your case's evidence typically requires an appraisal to establish fair market value for the residential real estate involved. A lot of the time the divorce date differs from the date you purchased the appraisal. We are familiar with the methods and the effort needed to develop a retroactive appraisal with an effective date and Fair Market Value conclusion corresponding to the date of divorce. We handle many divorce appraisals (unfortunately) and we understand that they need to be handled with total professionalism. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) compels us to keep the highest degree of confidentiality, guaranteeing you the utmost discretion. |