Involved in a divorce? ARC Appraisals has the experience for these matters.Divorce settlements involve many decisions, including "Who gets the house". There are generally two options 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 would be wise to order an appraisal of the shared real estate. Contact us ARC Appraisals is at your service if you need an appraisal dealing with a divorce or other separation of assets. When the intended use of an appraisal is the division of assets, it should include a well-supported, authoritative report that is defensible during a trial. When you order an appraisal from ARC Appraisals, you are assured the best in service with courtesy and top notch analysis. We also know how to provide for the prickly needs of a divorce situation. Attorneys in IL and accountants depend on our opinions when calculating real property values for estates, divorces, or other disputes where it is in question. 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 provide appraisal documents for courts or various agencies that meet or exceed their requirements. For legal professionals representing a client in a divorce, your case's material facts frequently necessitates an appraisal to establish fair market value for the residential real estate involved. Often the divorce date may not be the same as the date you purchased the appraisal. We're accustomed to the processes and what's necessary to do a retroactive appraisal with an effective date and Fair Market Value conclusion matching the date of divorce. We perform a reasonable number of 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) means the highest amount of confidentiality, ensuring the utmost discretion. |