![]() Divorce Appraisals in the state of IL by Art Johnson Appraisal ServiceDivorce settlements involve many decisions, including "Who gets the house". There are generally two options regarding real estate - it can be put on the market and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties should get an appraisal of the residence. Contact us Art Johnson Appraisal Service can assist if you need an appraisal dealing with a divorce or other separation of assets. An appraisal for divorce purposes should include a well-supported, professional value conclusion that is defensible during a trial. Art Johnson Appraisal Service guarantees an exceptional level of service with professional courtesy and well-supported conclusions. Handling the sensitive needs of a divorce situation is not a problem for us. Attorneys in IL and accountants rely on our analysis when calculating real property values for estates, divorces, or other disputes where it is in question. We have a lot of expertise dealing with all the parties involved and We understand their needs and are used to dealing with all parties involved. We provide appraisal documents that meet the requirements of the courts and various agencies. As a lawyer working with a divorce, your case's research often needs an appraisal to determine fair market value for the residential real estate involved. A lot of the time the divorce date may not be the same as the date you purchased the appraisal. We're comfortable with the techniques and all that it entails to do a retroactive appraisal that has an effective date and Fair Market Value opinion corresponding to the date of divorce. We handle many divorce appraisals and we understand 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, resulting in the utmost discretion. |