Working on a divorce? Central States Appraisal Company has the expertise you need.
We know that divorce is a painful process. There are numerous choices that have to be finalized, including the status of the house. There are generally two alternatives when it comes to common real estate - it can be put up for sale and the proceeds split, or one party can "buy out" the other. In either case, one or both parties should get an appraisal of the mutual real estate.
Contact us if your needs include an appraisal for the purposes of a divorce or other division of assets.
An appraisal for the purpose of assent division requires a well-supported, expert report that can be supported in court. Central States Appraisal Company pledges to give you the very best in service with courtesy and well-supported conclusions. Working through the sensitive conditions of a divorce situation is frequent territory for us.
IL attorneys as well as accountants depend on our values when calculating what the real property is worth for estates, divorces, or other disputes where it is important. We have an abundance 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.
As a lawyer representing a client in a divorce, your case's evidence typically needs an appraisal to ascertain 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 experienced with the methods and what's necessary to do a retroactive appraisal with an effective date and Fair Market Value conclusion corresponding to the date of divorce. For each divorce appraisal we perform we keep in mind that they require prudence with the utmost care. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) dictates confidentiality, resulting in the utmost discretion.