If you are involved in a divorce, choose Phillips Appraisal, Inc. to provide an accurate value of the shared residence.We understand that divorce can be very difficult. There are countless decisions to worry about, including the fate of the shared residence. There are generally two options regarding real estate - 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 Phillips Appraisal, Inc. can assist if you need an appraisal dealing with a divorce or other allocation of assets. An appraisal for divorce purposes needs a well-supported, authoritative report that is defensible in court. Phillips Appraisal, Inc. guarantees an exceptional level of service with professional courtesy and the highest quality appraisal. Working through the sensitive needs of a divorce situation is somewhat matter-of-fact for us. Attorneys in IL as well as accountants rely on our values when figuring out real property values for estates, divorces, or other disputes where it is crucial. We have a lot of expertise working with everyone involved and are ready to assist with your needs. We submit appraisal documents that fulfill the requirements of the courts and various agencies. As an attorney working with a divorce, your case's evidence frequently needs an appraisal to establish fair market value for the residential real estate involved. A lot of the time the divorce date differs from the date you ordered the appraisal. We're comfortable with the methods and what is vital to complete a retroactive appraisal that has an effective date and Fair Market Value estimate matching the date of divorce. We work on lots of divorce appraisals and we understand that they need to be handled delicately. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which dictates confidentiality, guaranteeing you the utmost discretion. |