When working through a divorce, choose Alpha Valuations to provide an accurate value of the couple's residence.Settling a divorce involves many decisions, including who keeps the house. There are generally two alternatives when it comes to real estate - it can be put on the market and the proceeds divvied up, 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 common real estate.An appraisal for the purpose of asset division requires a well-supported, professional appraisal document that is defensible in court. When you order an appraisal from Alpha Valuations, you are assured the best in service with professional courtesy and the highest quality appraisal. Handling the special needs of a divorce situation is familiar territory for us.
Illinois attorneys as well as accountants rely on our opinions when ascertaining what real property is worth for estates, divorces, or other disputes needing a value opinion. We understand their needs and are used to dealing with all parties involved. We create appraisal reports that meet the requirements of the courts and various agencies. As a lawyer representing a client in a divorce, your case's research frequently requires an appraisal to determine market value for the residential real estate involved. A great deal of the time the divorce date differs from the date you purchased the appraisal. We are familiar with the techniques and what is vital to do a retrospective appraisal with an effective date and Market Value estimate that matches the date of divorce. For each divorce appraisal we perform, we remain conscious of the fact that they need to be handled delicately. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) means the highest amount of confidentiality, ensuring the utmost discretion. |
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