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Attention homeowners: Real estate appraisal services for in Park Forest and Cook County

The top 7 reasons why Illinois homeowners order from Mary Kay Moloney:

  1. Pre-listing appraisals (whether you're using an agent or selling the home on your own)
  2. Challenge Cook County's assessment of your property
  3. Remove PMI to cut their monthly mortgage payment
  4. Reinstate their Home Equity Line of Credit (HELOC)
  5. Verify a different appraiser's report
  6. In the case of a divorce in the state of Illinois, where real estate property needs to be divided
  7. Settle an estate in Illinois by determining the true market value of a property
Do you own a home in or near Park Forest? Do you need help deciding the price of your real estate? Contact Mary Kay Moloney.

We at Mary Kay Moloney understand the special needs of a consumer seeking appraisal services. While our usual business 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.

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

It's very hard to be objective about your own home because you probably have an emotional attachment to it. Professional appraisers, like the ones at Mary Kay Moloney, will be objective. We will 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 buyers, a professional appraisal is very crucial as a negotiating tool once you have an interested buyer. It's something concrete to show your buyer. The appraisal is an independent third party's opinion of your property's value, not just how much you think your house is worth. Potential buyers know that you have an emotional attachment to your home and will be far more likely to give credibility to an accomplished appraiser's value judgement than yours.

Challenge a property tax assessment

Your local tax assessor may have your home overvalued if you live in an area that is declining. That means you are most likely paying more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better. When contesting your property tax assessment, getting an appraisal report from Mary Kay Moloney is your #1 weapon.

Appraisals to cancel PMI

PMI stands for Private Mortgage Insurance. A preferred way to save money for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is down below 80% of the value of your home, in most cases you can apply to the lender to have the PMI canceled from your loan, which will make your monthly payments go down. At Mary Kay Moloney, we're experienced in helping consumers just like you get rid of unwanted PMI insurance.

Recently got a freeze to your HELOC?

Even if your specific property has not declined in value, your lender may just choose to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area. This can be inconvenient from a cash flow viewpoint, and negative on your credit score since it may appear as though that credit line is maxed out. Mary Kay Moloney can help you reinstate your HELOC.

We Also Offer Field and Desktop Appraisal Review Services

Have you just accepted a copy of your appraisal and you'd like to have an expert double-check it for preciseness or do you desire a second opinion without the expense and delay of waiting for a whole new appraisal? An appraiser from Mary Kay Moloney can go out and check the subject and comparables in question in a field review. Or, if you're in a hurry, 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 you may have had in the past. While usually requested by banks, you may want to take advantage of this service if you suspect mortgage fraud related to your house.