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

Here are the top seven reasons IL homeowners need M P Valuations, Inc.:

Find the right listing price (whether they're selling the home on their own or using a real estate agent)
Challenge a property tax assessment
To lower a mortgage payment by removing PMI
Reinstate their Home Equity Line of Credit (HELOC)
Verify another appraiser's report
In the case of a IL divorce, where property needs to be divided
Settle an estate in IL by determining the true market value of property in question

Need help determining the price of your home in or near Orland Park, IL?
Contact M P Valuations, Inc..

At M P Valuations, Inc., we understand the particular needs of a customer looking for appraisal services. Our usual business clients are used to the appraisal process and the customary reporting formats. But as a consumer,we will give you extra guidance and explanations through the appraisal process to understand what we do and how we present our conclusions.

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

It's very hard to be objective about your own home because you most likely 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 a crucial negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your property will attract many interested buyers. It's something tangible to show the buyer. An appraisal is an independent third party's opinion of your house's price -- not just you saying how much your house is worth. Interested buyers assume that you have an emotional attachment to your house and will be more likely to give credibility to an experienced appraiser's value opinion than yours.

PMI Removal Appraisals

PMI stands for Private Mortgage Insurance. An attractive way to cut costs for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is down below 80% of the value of your home, in most cases you can apply to your lender to have the PMI canceled from your loan, which will make your monthly payments go down. We are experts in helping clients just like you delete unwanted PMI insurance.

Challenging property tax assessments

Your local tax assessor may have your home overvalued if you live in a local area that is declining. This means you are paying higher taxes than you should be paying. The faster you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. Getting a professional appraisal from M P Valuations, Inc. is your perfect weapon when challenging your property tax assessment.

Was your HELOC recently frozen?

Your lender just may make the decision to automatically freeze your home equity line of credit (HELOC) if your house is in a declining area -- even if your specific property has not declined in value. This can be be destructive to your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow standpoint. M P Valuations, Inc. can provide you with efficient appraisal to help you reinstate your home equity line of credit.

Need Field and Desktop Appraisal Review Services?

Have you just been given a copy of your appraisal and you'd like to have an expert double-check it 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. If you need it 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 a retrospective review of any appraisal report you may have had in the past. Even though this is usually requested by banks, you may desire to make use of this service if you suspect mortgage fraud related to your house.