Attention homeowners in Chicago and Cook County: Need an appraisal?

See the top seven reasons why IL homeowners order from Midwest Appraisal Company, Inc.:

Pre-listing appraisals (whether you're using a real estate agent or selling the home on your own)
Challenge property tax assessments
Remove PMI to reduce their mortgage payments
To reinstate their Home Equity Line of Credit (or HELOC)
Review another appraiser's report for verification
In the case of a IL divorce, when property needs to be divided
To determine the true market value of real estate in question to settle an estate

Need help determining the value of your house in or near Chicago, IL?
Contact Midwest Appraisal Company, Inc..

We at Midwest Appraisal Company, Inc. understand the individual needs of a consumer seeking 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.

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 Midwest Appraisal Company, Inc., will be 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 buyers, a professional appraisal is very valuable as a negotiating tool once you have an attainable buyer. It's something concrete to show your buyer. An appraisal is an independent third party's opinion of your property's value -- not just you saying how much your house is worth. Interested buyers assume you have an emotional attachment to your home and will be more likely to give credibility to an accomplished appraiser's value report than yours.

Need to cancel PMI?

PMI stands for Private Mortgage Insurance. An attractive way to cut costs for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is less than 80% of the value of your house, 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. We're seasoned in helping consumers just like you do away with unneeded PMI insurance.

Challenging property tax assessments

If you live in a region that is going down or not appreciating as much as other homes nearby, your local tax assessor may have your house overvalued. That only means you are 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. When contesting your property tax assessment, getting an appraisal report from Midwest Appraisal Company, Inc. is your perfect weapon.

Recently got a freeze your HELOC?

Your lender just may decide to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area -- even if your specific property has not declined in value. Not only can this be troublesome from a cash flow angle, but it can be destructive to your credit score since it may appear as though that credit line is maxed out. Midwest Appraisal Company, Inc. can help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Do you need an expert to double-check your appraisal for verity, or do you want a second opinion without the cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in a field review. If you're in a rush, we'll 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 a retrospective review of any appraisal you may have had in the past. While typically requested by banks, you may wish to exploit this service if you suspect mortgage fraud related to your house.