If you are working through a divorce, choose Homestead Appraisals, Ltd. to provide an accurate value of the common home.
Divorce settlements involve many decisions, including "Who gets the house". There are generally two options regarding the house - it can be sold and the proceeds split, or one party can "buy out" the other. In either case, one or both parties should order an appraisal of the residence.
Contact us if your needs include an appraisal dealing with a divorce or other allocation of assets.
A divorce appraisal should include a well-established, professional value conclusion that is defensible during a trial. Homestead Appraisals, Ltd. pledges to give you the very best in service with professional courtesy and top notch analysis. We understand how to handle the sensitive needs of a divorce situation.
IL attorneys as well as accountants depend on our opinions when determining what the real property is worth for estates, divorces, or other disputes where it is relevant. We have an abundance of expertise working with everyone involved and can readily handle your needs. We provide appraisal documents for courts or various agencies that meet or exceed their requirements.
For legal professionals dealing with a divorce, your case's evidence typically requires an appraisal to ascertain fair market value for the residential real estate involved. Often the divorce date may not be the same as the date you requested the appraisal. We are familiar with the procedures and the effort mandatory to complete a retroactive appraisal with an effective date and Fair Market Value estimate that matches the date of divorce. For each divorce appraisal we handle we remain mindful of the fact 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, resulting in the utmost discretion.