![]() Divorce Appraisals in the state of IL by Masterson Appraisals, Inc.Settling a divorce involves many decisions, including "Who gets the house". There are generally two choices when it comes to common real estate - it can be sold and the proceeds divvied up, or one party can "buy out" the other. In either case, one or both parties should commission an appraisal of the joint real estate. Contact us if your needs include an appraisal related to a divorce or other separation of assets. An appraisal for divorce purposes should include a well-established, authoritative report that can be supported to a judge. When you order an appraisal from Masterson Appraisals, Inc., you are assured the best in service with courtesy and top notch analysis. Handling the particular challenges of a divorce situation is not a problem for us. Attorneys in IL and accountants depend on our values when determining real property values for estates, divorces, or other disputes where it is material. We have a lot of expertise working with everyone involved and We understand their needs and are used to dealing with all parties involved. We submit appraisal reports for courts or various agencies that meet or exceed their requirements. For attorneys dealing with a divorce, your case's material facts typically necessitates an appraisal to determine fair market value for the residential real estate involved. A great deal of the time the divorce date differs from the date you ordered the appraisal. We're comfortable with the methods and what it takes to complete 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) dictates confidentiality, ensuring the utmost discretion. |