Attention homeowners in La Grange Park and Cook County: Need an appraisal?

Here are the top 7 reasons IL homeowners call on Proper Appraisals:

  1. Get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
  2. Challenge Cook county's assessment of your property
  3. Remove PMI to reduce a mortgage payment
  4. To reinstate their Home Equity Line of Credit (HELOC)
  5. To review a different appraiser's report for verification
  6. In the case of a IL divorce, where real estate needs to be divided
  7. Determine the true market value of real estate in question to settle an estate in Cook county or IL

Own a house in or near La Grange Park, IL and need help determining the price of it?
Contact Proper Appraisals.

At Proper Appraisals, we understand the special needs of a customer after appraisal services. Our business practices and reporting formats are relatively routine to our business clients like lenders, lawyers, and accountants. But as a consumer,we will give you extra guidance and explanations through the appraisal process to more clearly understand what we do and how we document our conclusions.

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

Since you have an emotional attachment to your own house, it's often very hard to be objective about it. Our professional appraisers at Proper Appraisals are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is very valuable as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your house will attract many interested buyers. It's something concrete to show your buyer. The appraisal is an independent third party's opinion of your property's value, not just how much your house is worth. Interested buyers assume that you have an emotional attachment to your house and will be more likely to give credibility to an experienced appraiser's value estimation than yours.

Appraisals to cancel PMI

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is an attractive way to save money for homeowners. Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your house. In most cases you can apply to the lender to have the PMI eliminated from your loan. We are qualified in helping people just like you rid themselves of unneeded and unwanted PMI insurance.

Challenge Tax Assessment

If you live in an area that is declining or not appreciating as much as other houses close by, your local tax assessor may have your home overvalued. That means you are probably 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 a matter like this, the better off you'll be. Getting a professional appraisal from Proper Appraisals is your chief weapon when challenging your property tax assessment.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender might make the decision to automatically freeze your home equity line of credit (HELOC) if your house is in a declining area. This can be be harmful to your credit score since it may appear as though that credit line is maxed out, and also inopportune from a cash flow point of view. Proper Appraisals can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Do you need a professional to double-check your appraisal for verity, or do you want a second opinion without the added expense and delay of waiting for a whole new appraisal? An appraiser from Proper Appraisals can go out and check the subject and comps in question in a field review. Or, if you need it immediately, we can provide 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 in the past. Even though this is usually requested by banks, you may desire to take advantage of this service if you suspect mortgage fraud related to your house.