Chicago Divorce Home Appraisal

Chicago Divorce Appraisals

Divorce is a painful process in which there are many decisions to be made including ‘who’s staying’ and ‘who’s going’ when determining what happens to the house. Often times the home is put up for sale in which the profits are split or otherwise one of the parties typically buys out the other. 

In either case, one or both parties should hire the services of a professional real estate appraiser to estimate the market value of the home. An appraisal for asset division should include a well-supported, professional report that’s defensible in court. 

Many times the divorce date differs from the inspection date of the appraisal thus requiring a retrospective appraisal that has an effective date and value estimate corresponding to the date of divorce or filing. We’ve completed countless divorce appraisals over the years so we understand exactly what is involved as well as the need to handle these situations with the utmost care. 

We are bound by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) which means you are assured the highest level of confidentiality, guaranteeing you the utmost discretion. In addition, we provide you with comprehensive appraisal reports that meet or exceed the requirements of the courts and other various agencies. 

When you work with Chicagoland Appraisals, you can be assured you will get the best in professional service, courtesy, and you will receive the highest quality appraisal reports. Our team of exceptional appraisers will also respect and protect the privacy of your needs in a divorce situation. 

Our Senior Appraiser, John Tsiaousis, has extensive experience in dealing with local and prestigious Family Law Firms when it comes to divorce proceedings. In fact, a large number of Family Law Firms, Accountants, and Mediation Advisors rely on Chicagoland Appraisals for our opinion of values when formulating real property values during divorce proceedings and other disputes requiring a value being placed on real property.

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Theresa VanderMeer
Theresa VanderMeer
2023-03-14
I coordinated remotely with Chicagoland Appraisals and had a great experience for my condo in Andersonville. Everything was timely and organized. Good experience overall!
George G
George G
2022-06-10
My wife and I are extremely grateful for the work that Chicagoland Appraisals did at our property. John arrived at our single family home (built 2019) in the Portage Park neighborhood of Chicago, IL. It was an in person COVID friendly home appraisal. John was super professional and had all the equipment he needed to conduct the appraisal efficiently. The turnaround time to receive the PDF file was super fast! The official appraisal conducted by John helped provide the necessary evidence needed to correct the value of our home compared to what a computer spit out from the Cook County assessor's office first pass assessment. Our Cook County 2021 first pass assessment was $740,000 = yearly tax estimate of $15,566.00 Our Cook County Assessor Post-Appeal = $669,390 = new yearly tax estimated of $14,081.00 This reflects an over assessment of $70,610.00 of our property! Our total estimated yearly tax savings equals $1485.00. $1485 x 3 years = $4455 of savings! (until next assessment) We did not hire any lawyers! We only followed the directions on the Cook County official appeal website. My wife and I uploaded the PDF file that Chicagoland Appraisals created and submitted a small residential appeal narrative to support our appeal. We did everything online and did not have to appear before the cook county property tax board. Thanks to everyone at Chicagoland Appraisals, our family can continue to live in the Portage Park neighborhood of Chicago. This company is accurate, honest, and professional. Chicagoland Appraisals offers excellent value for the work performed.
Ryan Mersch
Ryan Mersch
2022-05-25
John was very professional and provided the documents before estimated and has been very diligent and responsive to requests
Thomas Awrey
Thomas Awrey
2022-02-17
I had my Rogers Park condo appraised by Chicagoland Appraisals in mid January of this year. The scheduling process went smoothly and the in-person appointment was swift and informative. I was getting my property appraised to remove PMI, and received the appraisal 3 weeks after the appointment. The process was overall easy and professionally done. Would use them again in the future.
Mark Bair
Mark Bair
2021-04-27
I had an excellent experience with Chicagoland Appraisals and the owner John Tsiaousis and recommend his company and services very highly. I needed an appraisal for the condo I own in Logan Square neighborhood - and it was rather urgent. I had tried other recommended appraisers - but they were too busy or unavailable. I discovered John and Chicagoland Appraisers through them website - which left a very favorable initial impression and means of contact. John was highly responsive from the initial contact - and throughout the process. His approach is professional and courteous. The online scheduling tool was very helpful and enabled me to meet my timing needs. Chicagoland offers both virtual and in person appraisal services. I used the in person appraisal. He arrived on time, was prepared and conducted his inspection efficiently and thoroughly. John promised a quick turnaround on the written document - and actually exceeded expectations. The report was very well constructed and supported his appraisal with relevant comparable properties. John made himself available and responsive to my questions. In addition, the fees for Chicagoland charged were very reasonable and represent a great value for the services delivered. In summary, I've had numerous appraisals done on various residential properties I've owned over the years. I've never had a better appraisal experience than I had with Chicagoland Appraisals and John Tsiaousis. I highly recommend their appraisal services.