Real estate appraisal services for homeowners in the city of Park Ridge and Cook County

See the top seven reasons IL homeowners need Chicagoland Valuation Group Inc.:

  1. To 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 payments
  4. To reinstate their Home Equity Line of Credit (HELOC)
  5. Review a different appraiser's report for verification
  6. If property needs to be divided because of a divorce
  7. Determine the true market value of property in question to settle an estate in Cook county or IL

Need help determining the price of your home in or near Park Ridge, IL?
Contact Chicagoland Valuation Group Inc..

We at Chicagoland Valuation Group Inc. understand the special needs of a homeowner in need of appraisal services. Our business practices and reporting formats are familiar to our business clients like lenders, attorneys, and CPAs. But as a general consumer,we will provide you with extra guidance and explanations through the appraisal process to understand what we do and how we document our conclusions.

Pre-listing Services/For Sale By Owner

It's very hard to be objective about your house because you probably have an emotional attachment to it. The professional appraisers at Chicagoland Valuation Group Inc. will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic selling price so your house will attract buyers, a professional appraisal is a crucial negotiating tool once you have a potential buyer. The appraisal is something tangible to show your buyer. An 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. Potential buyers assume that you have an emotional attachment to your house and will be more likely to give credibility to an expert appraiser's value opinion than yours.

Appraisals to remove PMI

A fashionable way to cut costs for homeowners is to get 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 amount is below 80% of the value of your house. In most cases you can apply to the lender to have the PMI canceled from your loan. We are veterans in helping homeowners just like you dismiss unwanted PMI insurance.

Challenging a property tax assessment

Lets say you live in an area that's declining -- your local tax assessor may have your house overvalued. This means you are 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 a professional appraisal from Chicagoland Valuation Group Inc. is your perfect weapon when challenging your property tax assessment.

Was your HELOC recently frozen?

Your lender may choose to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area -- even if your specific property has not declined in value. This can be be negative on your credit score since it may appear as though that credit line is maxed out, and also difficult from a cash flow angle. Chicagoland Valuation Group Inc. can help you reinstate your home equity line of credit with efficient appraisal.

We Provide Field and Desktop Appraisal Review Services

Have you just accepted a copy of your appraisal and you'd prefer to have a seasoned professional double-check it for preciseness or do you need a second opinion without the cost and delay of waiting for a whole new appraisal? Chicagoland Valuation Group Inc. offers field reviews where we go out and check the subject and comparables in question. If you need it ASAP, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.

Need a retrospective review of an appraisal? We can help with that too. While typically requested by banks, you may wish to use this service if you suspect mortgage fraud related to your house.