Attention homeowners: Real estate appraisal services in North Central Illinois.
Here are the top 7 reasons why Illinois homeowners hire Illinois Valuation Center:
At Illinois Valuation Center, we understand the particular needs of a homeowner after appraisal services. While our usual business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
Pre-listing Services/For Sale by Owner (FSBO)It's very hard to be objective about your house because of your emotional attachment to it. The professional appraisers at Illinois Valuation Center will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic price to sell at so your house will attract buyers, a professional appraisal is a very valuable negotiating tool once you have a potential buyer. It's something tangible to show the buyer. An appraisal is an independent third party's opinion of your property's value -- not just you saying how much your house is worth. Interested buyers know that you have an emotional attachment to your house and will be much more likely to give credibility to an experienced appraiser's value assessment than yours.
Challenge a property tax assessmentYour local tax assessor may have your house overvalued if you live in a region that's declining or not appreciating as much as other houses nearby. That only means you are most likely paying more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of things like this, the better off you'll be. When challenging your property tax assessment, getting an appraisal report from Illinois Valuation Center is your number one weapon.
Appraisals to cancel PMIGetting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a fashionable way to cut costs for homeowners. Once your mortgage loan amount is less than 80% of the value of your house, in most cases you can apply to your lender to have the PMI removed from your loan, which will make your monthly payments go down. At Illinois Valuation Center, we're veterans in helping clients just like you delete unnecessary PMI insurance.
Was your HELOC recently frozen?If your home is in or near a declining area, your lender just might make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be unsuitable from a cash flow standpoint, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. Illinois Valuation Center can help you reinstate your home equity line of credit with efficient appraisal.
Need Field and Desktop Appraisal Review Services?Have you just been given a copy of your appraisal and you'd like to have a veteran appraiser double-check it for efficiency or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? An appraiser from Illinois Valuation Center can go out and check the subject and comps in question in a field review. Or, if you need it in a rush, we can provide you with a desk review and verify as many facts as we can, using online data sources as well as our own files.
We can also provide a retrospective review of any appraisal you may have in your possession. Although most review work is requested by lenders, homeowners that have reason to believe a prior appraisal wasn't above board are wise to invest in a second opinion.