When involved in a Chicago area divorce, choose Banner Appraisals to provide a true value of your home.
We understand the unique needs of divorcing couples. As a result, we serve to facilitate fair and equitable property settlements between the parting spouses. We are professionals in property divisions when it comes to divorce cases. We provide you with impartial, and reliable divorce appraisal solution to your complicated situations. Hence, contact us and achieve a fair and agreeable property settlement for each of you. Our goal is to ensure that each party is considered and all their problems with home values are resolved appropriately based on unbiased information.
Options
Illinois is an equitable division state. Therefore, the state only gives the other party half if they deserve it. The state of illinois basis for division of property on what each party added to the marital estate. Dividing marital property such as real estate is a large part of most divorces. Divorcing couples typically have three choices when dividing the marital home. They can sell the home and split the proceeds in a fair manner. One party can keep the home paying off the other spouse a fair market share or they can keep the home as co owners. In a property division a judge or mediator will have to decide during a court hearing if parties don’t agree based on testimony. Contact a divorce attorney to understand your rights.
Why Choose Us
It’s essential to follow the legal procedures and standards set by the state of Illinois when conducting divorce appraisals to ensure accuracy and fairness in the property division process. Appraisals play a pivotal role in determining the equitable distribution of property and can significantly impact the financial outcomes for both parties involved. Typically, each spouse hires their own appraiser, and the appraisals are then used to negotiate a fair distribution of property. We can provide a neutral appraisal for both parties to help facilitate an agreeable and fast resolution. Our professionalism and ethics is key to a fair division of real property between divorcing couples.
We have over 25 years of experience making us proficient at writing divorce appraisals that can be relied on in court. We are regularly called upon to act as experts in many real estate valuation issues. Our appraisals are defensible in court, completely impartial, independent, and objective. It is necessary to have a recent professional appraisal so the market value of the home is well supported and everyone has agreed on the true value. Call or text us to get a free consultation at 630-995-5421.