Splitting up assets?We know that divorce is a painful process. There are numerous issues that have to be finalized, including the status of the house. There are generally two choices regarding the house - it can be put on the market 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 get an appraisal of the mutual real estate. Contact us Foundation Appraisal, LLC can assist if you need an appraisal related to a divorce or other separation of assets. A divorce appraisal must have a well-established, expert value conclusion that can be supported in court. When you order an appraisal from Foundation Appraisal, LLC, you are assured the best in service with courtesy and top notch analysis. We understand how to care for the delicate needs of a divorce situation. Attorneys in IL and accountants rely on our analysis when ascertaining what the real property is worth for estates, divorces, or other disputes depending on a value opinion. We have an abundance of expertise working with everyone involved and We understand their needs and are used to dealing with all parties involved. We create appraisal reports that fulfill the requirements of the courts and various agencies. For lawyers handling a divorce, your case's evidence regularly requires an appraisal to establish fair market value for the residential real estate involved. Often the divorce date can be different from the date you ordered the appraisal. We are familiar with the methods and what is essential to complete a retroactive appraisal that has an effective date and Fair Market Value estimate 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) compels us to keep the highest degree of confidentiality, guaranteeing you the utmost discretion. |