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Real estate appraisal services for homeowners in the city of Wood Dale and Dupage County
The top 7 reasons Illinois homeowners hire GEManagement, Ltd.:
- Pre-listing appraisals (whether you're using an agent or selling the home on your own)
- Challenge property tax assessments
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Remove PMI to cut their mortgage payment
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To reinstate their Home Equity Line of Credit (or HELOC)
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Verify a different appraiser's report
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If property needs to be divided because of a divorce
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Determine the true market value of the real estate in question to settle an estate in Illinois
At GEManagement, Ltd., we understand the unique needs of a homeowner in need of appraisal services.
Our business practices and reporting formats are familiar to our business clients like banks, attorneys, and accountants. As our valued client, you'll receive extra guidance and explanations through the appraisal process to better understand what we do and how we document the results of our analysis.
For Sale by Owner/Pre-Listing Services
Since you have an emotional attachment to your home, it's often very hard to be objective about 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 very valuable negotiating tool once you have an attainable buyer, in addition to helping you set a realistic selling price so your property will attract interested buyers.
It's something concrete to show your buyer.
The appraisal is an independent third party's opinion of your home's value, not just you saying how much your home is worth.
Interested buyers know you have an emotional attachment to your house and will be more likely to give credibility to a seasoned appraiser's value opinion than yours.
Challenge a property tax assessment
Your local tax assessor may have your home overvalued if you live in a local area that is going down.
That means you are most likely paying more taxes than you should.
The earlier you take care of things like this, the better, since your property assessment may likely go up again in the next period.
An appraisal from GEManagement, Ltd. is your best weapon when challenging your property tax assessment.
Appraisals to remove PMI
Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a popular way to save money for homeowners.
Once your mortgage loan is 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, which will make your monthly payments go down.
GEManagement, Ltd. is seasoned in helping customers just like you get rid of undesirable PMI insurance.
Was your HELOC recently frozen?
If your house is in a declining area, your lender just may make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value.
This can be damaging to your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow point of view.
A professional appraisal from GEManagement, Ltd. can help you reinstate your HELOC.
We Offer Field and Desktop Appraisal Review Services
Have you just been given a copy of your appraisal and you would like to have a seasoned professional double-check it for preciseness or do you need 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 comps in question.
If you're 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.
Do you need a retrospective review of an appraisal report? GEManagement, Ltd. can help you with that.
While usually requested by banks, you may desire to utilize this service if you suspect mortgage fraud related to your house.
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