Need an appraisal in Skokie or Cook County?

The top 7 reasons Illinois homeowners hire Distinctive Residential Appraisals, Inc.:

To get a pre-listing appraisal (whether you're using a real estate agent or selling the home on your own)
To challenge a property tax assessment in Illinois
Remove PMI to cut a mortgage payment
Reinstate your Home Equity Line of Credit (HELOC)
To review a different appraiser's report for verification
If property needs to be divided because of a divorce
To determine the true market value of a property to settle an estate in Illinois


	Need help determining the value of your home in or near Skokie, Illinois? Contact Distinctive Residential Appraisals, Inc..

We at Distinctive Residential Appraisals, Inc. understand the special needs of a consumer after appraisal services. The appraisal process and reporting formats are familiar to our business clients like banks, attorneys, and accountants. Being a regular homeowner that probably doesn't look at appraisals every day, you'll receive extra guidance and explanations through the appraisal process to more fully understand what we do and how we present our conclusions.

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

Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Professional appraisers, like the ones at Distinctive Residential Appraisals, Inc., are objective. We'll 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 house will attract interested buyers, a professional appraisal is very crucial as a negotiating tool once you have an attainable buyer. It's something concrete to show your buyer. The appraisal is an independent third party's opinion of your property's market value, not just how much your house is worth. Potential buyers know you have an emotional attachment to your home and will be more likely to give credibility to an expert appraiser's value opinion than yours.

Challenging property tax assessments

Your local tax assessor may have your home overvalued if your home is not appreciating as much as other properties nearby. That only means you're going to pay more taxes than you should. The faster you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an appraisal report from Distinctive Residential Appraisals, Inc. is your best weapon.

Appraisals to remove PMI

A fashionable way to save money for homeowners is getting the PMI canceled 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 amount is less than 80% of the value of your home. In most cases you can apply to the lender to have the PMI removed from your loan. We are qualified in helping homeowners just like you dismiss unwanted and unneeded PMI insurance.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender may decide to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area. Not only can this be difficult from a cash flow point of view, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. Distinctive Residential Appraisals, Inc. can help you reinstate your home equity line of credit with an expert appraisal.

Need Field and Desktop Appraisal Review Services?

Would you prefer a second opinion without the charge and delay of waiting for a whole new appraisal? Or do you need a veteran appraiser to double-check your appraisal for verity? An appraiser from Distinctive Residential Appraisals, Inc. can go out and check the subject and comparables in question 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.

We can also provide you with a retrospective review of any appraisal report you may have had done before. While usually requested by banks, you may need to use this service if you suspect mortgage fraud related to your house.