Need an appraisal in Elmwood Park or Cook County?
The top 7 reasons IL homeowners use McNeeley Appraisals, LLC.:
Need help determining the price of your house in or near Elmwood Park, IL?
We at McNeeley Appraisals, LLC. understand the particular needs of a homeowner seeking appraisal services. While our usual clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of 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 house because you probably 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 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 tangible to show your buyer. It's an independent third party's opinion of your house's price, and not just how much your house is worth. Interested buyers know you have an emotional attachment to your home and will be far more likely to give credibility to an expert appraiser's value estimation than yours.
PMI Removal Appraisals
An attractive money saver 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". Your monthly payments will go down once your mortgage loan is less than 80% of the value of your property. In most cases you can apply to a lender to have the PMI eliminated from your loan. We're veterans in helping homeowners just like you get rid of unneeded and unwanted PMI insurance.
Challenging Cook county's assessment of your property
Your local tax assessor may have your house overvalued if you live in a local area that is going down or not appreciating as much as other homes nearby. This only means you are most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of a matter like this, the better off you'll be. Getting an appraisal from McNeeley Appraisals, LLC. is your best weapon when challenging your property tax assessment.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender may just decide to automatically freeze your home equity line of credit (HELOC) if your home is close to a declining area. Not only can this be inconvenient from a cash flow angle, but it can be destructive to your credit score since it may appear as though that credit line is maxed out. McNeeley Appraisals, LLC. can help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?
Would you prefer a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you need a veteran appraiser to double-check your appraisal for precision? An appraiser from McNeeley Appraisals, LLC. can go out and check the subject and comps in a field review. If you're in a rush, we'll 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 you with a a retrospective review of any appraisal report you may have had done before. Even though this is typically requested by banks, you may desire to utilize this service if you suspect mortgage fraud related to your house.