Let AnDel Appraisals attend to your appraisal needsThousands of people in Illinois buy, sell or refinance their home every month. A lot of these transactions contain a simple line item for an appraisal. And even though there are a budding number of automated home valuation systems that might seem more economical than an appraisal, nearly all lenders still call in a local expert because the stakes are so high. Is obtaining a mortgage the only reason to acquire an appraisal? Are there additional cases when the services of a certified, independent real estate professional might be beneficial? You bet. 
Appeal your tax assessment in Cook CountyIt's likely you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are determined by a past assessment of your real estate, so if values are less than what they used to be in your area, you can challenge your assessment and save money. When building your case, an appraisal from us is your best evidence. We're capable of assisting you in disputing your tax assessment. PMI removal to reduce a mortgage paymentWhen the amount being loaned to the homebuyeris more than 80% of the actual value of the real estate, almost all lenders ask homebuyers to buy this extra insurance policy. That policy is Private Mortgage Insurance, or PMI. Seeing that additional payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is damaging because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, AnDel Appraisals can give you a statement regarding the value of your home. The price you paid for the home valuation can generally be offset in little time because you'll no longer be paying the PMI. Order your appraisal from AnDel Appraisals today Order onlineGet a clear valuation on a home take make a divorce settlement less stressfulA divorce is often complicated by the strenuous decision of who keeps the property, and it can be an especially traumatic experience for both parties. So both parties are completely aware of the true market value of their house, it's a good idea to get an appraisal from AnDel Appraisals, regardless of the circumstances. The parties will have a good idea of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation. Determine a fair and accurate valuation for estate liquidationThe loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost degree of discretion. Most Americans don't have dedicated estate planners or executors to manage these issues, unlike wealthier individuals. A home or other property often makes up an unequal share of the total estate value, so knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received an honest deal. Relocate to or from Cook County for workEmployee relocation is a stressful event, and we understand. That's why we take great care in setting up a convenient appointment time for the appraisal inspection. During our detailed inspection, we recommend relocating employees to provide remarks on the positive aspects of their property, along with information about any current sales or listings in their neighborhood that they want considered. Sell your home promptly — at an accurate priceWhether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a more informed decision regarding your selling price. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees rest on our efforts to complete the appraisal report and not a percentage of the sales price. We analyze the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a reliable way to decide what improvements will add value and what an appropriate sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time, because we're experts in knowing how long homes stay on the market. 
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