Attention homeowners in Naperville and Will County: Need an appraisal?
The top seven reasons why IL homeowners call on First Appraisal Services:
Do you own a house in or near Naperville? Do you need help deciding the price of your real estate?
At First Appraisal Services, we understand the individual needs of a consumer in need of appraisal services. While our usual business 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.
Pre-listing Services/For Sale By Owner (FSBO)
Since you have an emotional attachment to your own home, it's often very hard to be objective about it. The professional appraisers at First Appraisal Services will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a very valuable negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your house will attract buyers. It's something concrete to show the buyer. The appraisal is an independent third party's opinion of your home's value, not just you saying how much you think 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 a qualified appraiser's value estimation than yours.
Appraisals to remove PMI
PMI stands for Private Mortgage Insurance. An attractive way to cut expenses for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan is below 80% of the value of your home. In most cases you can apply to a lender to have the PMI canceled from your loan. We're experts in helping folks just like you delete unneeded PMI insurance.
Challenge Will county's assessment of your property
Lets say your house is not appreciating as much as other properties nearby -- your local tax assessor may have your home overvalued. This means you are paying higher taxes than you should be paying. The quicker 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. An expert appraisal from First Appraisal Services is your perfect weapon when contesting your property tax assessment.
Was your HELOC recently frozen?
Even if your specific property has not declined in value, your lender may decide to automatically freeze your home equity line of credit (HELOC) if your property is near a declining area. This can this be troublesome from a cash flow angle, and negative on your credit score since it may appear as though that credit line is maxed out. An efficient appraisal from First Appraisal Services can help you reinstate your HELOC.
We Provide Field and Desktop Appraisal Review Services
Would you like a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you need a seasoned appraiser to double-check your appraisal for precision? First Appraisal Services offers field reviews where we go out and check the subject and comparables. Or, if you need it immediately, 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? First Appraisal Services can We can assist you. While usually requested by banks, you may wish to utilize this service if you suspect mortgage fraud related to your house.