Involved in a divorce? Mannion Appraisals has the experience you're looking for.
Settling a divorce involves many decisions, including "Who gets the house". There are generally two alternatives regarding common real estate - it can be put on the market and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties would be wise to commission an appraisal of the common real estate.
Contact us if you require an appraisal for the purposes of a divorce or other division of assets.
When the reason for an appraisal is a couple splitting up, it should include a well-established, authoritative value conclusion that can be supported in court. When you order an appraisal from Mannion Appraisals, you are assured the best in service with courtesy and well-supported conclusions. Through experience and education, we've learned how to care for the delicate needs of a divorce situation.
IL attorneys as well as accountants depend on our appraisals when figuring out 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 accustomed to dealing with all parties involved. We create appraisal documents that meet the requirements of the courts and various agencies.
As an attorney dealing with a divorce, your case's evidence regularly needs an appraisal to determine fair market value for the residential real estate involved. Many times the divorce date can be different from the date you ordered the appraisal. We're accustomed to the procedures and what it means to complete a retroactive appraisal with an effective date and Fair Market Value conclusion corresponding to the date of divorce. For each divorce appraisal we are hired to do 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, resulting in the utmost discretion.