Attention homeowners in Northbrook and Cook County: Need an appraisal?

Here are the top 7 reasons why IL homeowners hire Real Valuation Services:

To get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
Challenge property tax assessments
Remove PMI to cut your mortgage payments
Reinstate their Home Equity Line of Credit (or HELOC)
Verify a different appraiser's report
In the case of a IL divorce, where property needs to be divided
To settle an estate in IL by determining the true market value of real estate in question

Own a home in or near Northbrook, IL and need help deciding the price of it?
Contact Real Valuation Services.

At Real Valuation Services, we understand the special needs of a consumer in need of appraisal services. While our usual clients understand the appraisal process and standard reporting formats, you as a consumer will get extra customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

For Sale By Owner (FSBO)/Pre-Listing Services

It's very hard to be objective about your own home because you most likely have an emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is very crucial as a negotiating tool once you have an interested buyer, in addition to helping you set a realistic price to sell at so your house will attract many interested buyers. The appraisal is something tangible to show your buyer. The appraisal is an independent third party's opinion of your home's price, not just how much you think your home is worth. Potential buyers assume you have an emotional attachment to your house and will be more likely to give credibility to an expert appraiser's value estimation than yours.

Need to remove PMI?

A preferred way to save money for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan is below 80% of the value of your property, 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. Real Valuation Services is qualified in helping homeowners just like you get rid of unwanted PMI insurance.

Challenging property tax assessments

Lets say you live in an area that is declining -- your local tax assessor may have your house overvalued. That means you're going to pay more taxes than you should. The earlier you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. Getting an expert appraisal from Real Valuation Services is your perfect weapon when challenging your property tax assessment.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender might decide to automatically freeze your home equity line of credit (HELOC) if your property is in or near a declining area. Not only can this be inopportune from a cash flow point of view, but it can be bad for your credit score since it may appear as though that credit line is maxed out. Real Valuation Services can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Do you need a veteran appraiser to double-check your appraisal for efficiency, or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? We 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 had done before. While typically requested by banks, you may desire to use this service if you suspect mortgage fraud related to your house.