Attention homeowners in Palos Park and Cook County: Get an Appraisal today!

See the top 7 reasons Illinois homeowners need RM Appraisal Services:

Pre-listing appraisals (whether they're selling the home themselves or using an agent)
To challenge a Illinois property tax assessment
Remove PMI to cut their mortgage payments
To reinstate your Home Equity Line of Credit (or HELOC)
Verify another appraiser's report
In the case of a Illinois divorce, when property needs to be divided
To settle an estate in Cook county or Illinois by determining the true market value of real estate in question

Own a house in or near Palos Park, Illinois and need help determining the value of it?
Contact RM Appraisal Services.

We at RM Appraisal Services understand the unique needs of a consumer in need of appraisal services. While our usual clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

Pre-listing Services/For Sale By Owner

It's very hard to be objective about your home because you probably 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 very important as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your house will attract interested buyers. It's something concrete to show the buyer. The appraisal is an independent third party's opinion of your house's price, not just how much your home is worth. Potential buyers know that you have an emotional attachment to your house and will be far more likely to give credibility to a seasoned appraiser's value report than yours.

Appraisals to cancel PMI

A fashionable way to save money for homeowners is getting 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 is down below 80% of the value of your property. In most cases you can apply to a lender to have the PMI canceled from your loan. We're qualified in helping folks just like you delete unneeded PMI insurance.

Challenge a property tax assessment

Your local tax assessor may have your home overvalued if you live in a local area that's declining or is not appreciating as much as other properties nearby. That only means you are going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the faster you take care of a matter like this, the better. Getting an expert appraisal from RM Appraisal Services is your chief weapon when contesting your property tax assessment.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender just may make the decision to automatically freeze your home equity line of credit (HELOC) if your home is close to a declining area. Not only can this be annoying from a cash flow viewpoint, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. RM Appraisal Services can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Have you just received a copy of your appraisal and you'd like to have a seasoned professional double-check it for accuracy or do you desire a second opinion without the cost and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comparables in question. 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 take advantage of this service if you suspect mortgage fraud related to your property.