If you are handling a divorce, choose Smith Appraisals to provide a realistic value of the couple's home.Divorce settlements involve many decisions, including "Who gets the house". There are generally two choices regarding the shared residence - 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 would find it in their best interest to order an appraisal of the residence. Contact us Smith Appraisals is at your service if you need an appraisal for the purposes of a divorce or other allocation of assets. When the intended use of an appraisal is the division of assets, it should include a well-supported, professional document that is defensible during a trial. When you order an appraisal from Smith Appraisals, you are assured the best in service with professional courtesy and top notch analysis. Taking into account the particular challenges of a divorce situation is somewhat matter-of-fact for us. Attorneys in IL as well as accountants depend on our appraisals when figuring out real property values for estates, divorces, or other disputes where it is in question. We have a great deal of expertise working with everyone involved and can readily handle your needs. We submit appraisal documents that meet the requirements of the courts and various agencies. For lawyers working with a divorce, your case's material facts typically needs an appraisal to establish fair market value for the residential real estate involved. Often the divorce date differs from the date you purchased the appraisal. We are familiar with the techniques and requirements needed to do a retroactive appraisal with an effective date and Fair Market Value conclusion matching the date of divorce. We handle many divorce appraisals and we understand that they need to be handled with the utmost care. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, guaranteeing you the utmost discretion. |