Attention homeowners in Addison and Dupage County: Need an appraisal?
Check out the top seven reasons why Illinois homeowners order from Elite Appraisal:
We at Elite Appraisal understand the unique needs of a customer after appraisal services. Our usual business clients understand the appraisal process and the standard reporting formats. As our valued client, you will receive extra guidance and explanations through the appraisal process to more clearly understand what we do and how we present the results of our analysis.
Pre-listing Services/For Sale by Owner (FSBO)Since you have an emotional attachment to your home, it's often very hard to be objective about it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic selling price so your property will attract many interested buyers, a professional appraisal is very valuable as a negotiating tool once you have a likely buyer. It's something tangible to show the buyer. An appraisal is an independent third party's opinion of your house's value -- not just you saying how much your house is worth. Interested buyers assume you have an emotional attachment to your house and will be far more likely to give credibility to an experienced appraiser's value report than yours.
Challenging a property tax assessmentYour local tax assessor may have your home overvalued if you live in a region that's going down or not appreciating as much as other properties nearby. That means you're probably paying more taxes than you should. Since your property assessment may likely go up again in the next period, the faster you take care of a matter like this, the better off you'll be. An expert appraisal from Elite Appraisal is your number one weapon when challenging your property tax assessment.
Need to remove PMI?Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a preferred way to save money for homeowners. Once your mortgage loan amount is down below 80% of the value of your property, in most cases you can apply to a lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We are experts in helping homeowners just like you rid yourselves of unnecessary PMI insurance.
Was your HELOC recently frozen?If your home is close to a declining area, your lender just might decide 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 inconvenient from a cash flow angle, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. Elite Appraisal can help you reinstate your home equity line of credit with an expert appraisal.
Need Field and Desktop Appraisal Review Services?Do you need a seasoned expert to double-check your appraisal for verity, or do you need a second opinion without the added cost and delay of waiting for a whole new appraisal? An appraiser from Elite Appraisal can go out and check the subject and comps in a field review. Or, if you need it ASAP, 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.
Do you need a retrospective review of an appraisal report? Elite Appraisal can help you with that. Even though most appraisal reviews are requested by lenders, homeowners that have reason to believe they've been the victim of mortgage fraud are prudent to invest in a second opinion.