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

The top reasons IL homeowners call on North East Appraisal, Inc:

Pre-listing appraisals (whether they're selling the home on their own or using an agent)
To challenge a IL property tax assessment
To lower their mortgage payment by removing PMI
Reinstate their Home Equity Line of Credit (or HELOC)
Verify another appraiser's report
If real estate needs to be divided because of a divorce
Determine the true market value of property in question to settle an estate in IL

Do you own a home in or near Franklin Park? Do you need help deciding the value of your real estate?
Contact North East Appraisal, Inc.

We at North East Appraisal, Inc understand the individual needs of a homeowner looking for appraisal services. While our typical 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

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 a crucial negotiating tool once you have an interested buyer. It's something tangible to show your buyer. It's an independent third party's opinion of your property's value, and not just you saying how much your home is worth. Potential buyers know that you have an emotional attachment to your home and will be more likely to give credibility to a qualified appraiser's value opinion than yours.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. A fashionable money saver for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is down below 80% of the value of your property, in most cases you can apply to your lender to have the PMI removed from your loan, which will make your monthly payments go down. North East Appraisal, Inc is experts in helping customers just like you remove unwanted and unneeded PMI insurance.

Challenge a property tax assessment

Your local tax assessor may have your house overvalued if you live in a local area that is declining. This only means you're paying higher taxes than you should be paying. The earlier you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal from North East Appraisal, Inc is your best weapon when contesting your property tax assessment.

HELOC recently frozen?

If your home is close to a declining area, your lender might just decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be bad for your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow standpoint. North East Appraisal, Inc can help you reinstate your home equity line of credit with a professional appraisal.

Do You Need Field and Desktop Appraisal Review Services?

Do you need a seasoned expert to double-check your appraisal for precision, or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in a field review. Or, if you need it in a rush, 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 report you may have had in the past. While typically requested by banks, you may want to make use of this service if you suspect mortgage fraud related to your home.