Real estate appraisal services for homeowners in the city of Oak Forest and Cook County

Here are the top reasons Illinois homeowners order from Certified Residential Appraisal, Inc.:

Pre-listing appraisals (whether you're using an agent or selling the home on your own)
Challenge a property tax assessment
To lower your mortgage payment by removing PMI
To reinstate their Home Equity Line of Credit (HELOC)
Review a different appraiser's report for verification
In the case of a divorce in the state of Illinois, when real estate property needs to be divided
To determine the true market value of a property to settle an estate in Illinois


	Do you own a house in or near Oak Forest? Do you need help deciding the value of your real estate? Contact Certified Residential Appraisal, Inc..

At Certified Residential Appraisal, Inc., we understand the individual needs of a homeowner after appraisal services. Our business practices and reporting formats are relatively routine to our business clients like lenders, lawyers, and CPAs. Being a homeowner that ordinarily doesn't look at appraisals every day, we'll be sure you get extra guidance and explanations through the appraisal process to more fully understand what we do and how we document our findings.

Pre-listing Services/For Sale by Owner (FSBO)

Since you have an emotional attachment to your house, 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 price to sell at so your home will attract many interested buyers, a professional appraisal is a very valuable negotiating tool once you have an attainable buyer. It's something concrete to show the buyer. An appraisal is an independent third party's opinion of your property's value -- not just how much you think your house is worth. Interested buyers assume you have an emotional attachment to your home and will be more likely to give credibility to an expert appraiser's value judgement than yours.

Challenge a property tax assessment

Let's say your house is not appreciating as much as other houses close to yours -- your local tax assessor may have your house overvalued. That only means you are paying more taxes than you should. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better. When contesting your property tax assessment, getting an appraisal report from Certified Residential Appraisal, Inc. is your #1 weapon.

Appraisals to cancel PMI

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a fashionable way to cut costs for homeowners. Once your mortgage loan is less than 80% of the value of your home, in most cases you can apply to a lender to have the PMI canceled from your loan, which will make your monthly payments go down. We're experts in helping customers just like you abolish unwanted and unneeded PMI insurance.

Recently got a freeze to your HELOC?

Even if your specific property has not declined in value, your lender might just decide to automatically freeze your home equity line of credit (HELOC) if your house is near a declining area. Not only can this be annoying from a cash flow angle, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. An expert appraisal from Certified Residential Appraisal, Inc. can help you reinstate your HELOC.

We Also Offer Field and Desktop Appraisal Review Services

Would you prefer a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you want a seasoned appraiser to double-check your appraisal for efficiency? We can go out and check the subject and comps in a field review. Or, if you need it ASAP, 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 report? Certified Residential Appraisal, Inc. can help you with that. Although most review work is requested by lenders for quality control, homeowners that have reason to believe they've been the victim of mortgage fraud are wise to invest in a second opinion.