Illinois Appellate Court
Civil Court
Foreclosures
(Court opinion corrected 1/24/13.) Sale price of $20,000, generated at a forced judicial sale of an undivided half-interest in a single-family home, even when compared to $120,000, which is one-half the full appraised value of the property, is not unconscionably low. Inadequacy of sale price alone is not sufficient reason to deny confirmation of judicial sale. Sale was just, as no defects in sale process were alleged, and fair sale price of a one-half interest in a single-family home must be significantly discounted from amount calculated by dividing in half value of entire property. (HOFFMAN and ROCHFORD, concurring.)