Appraisal services for Roscoe and Dane County homeowners
Check out the top reasons IL homeowners need Forshay Appraisals, Inc.:
Own a home in or near Roscoe, IL and need help determining the price of it?
We at Forshay Appraisals, Inc. understand the individual needs of a homeowner looking for appraisal services. While our typical 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 most likely have an emotional attachment to it. Our professional appraisers at Forshay Appraisals, Inc. are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is very valuable as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your home 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 value, not just how much you think your house is worth. Interested buyers know that you have an emotional attachment to your home and will be far more likely to give credibility to an expert appraiser's value conclusion than yours.
Need to cancel PMI?
Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a preferred way to cut costs for homeowners. Once your mortgage loan is less than 80% of the value of your home, in most cases you can apply to your lender to have the PMI canceled from your loan, which will make your monthly payments go down. We're experienced in helping clients just like you delete undesirable PMI insurance.
Challenge a property tax assessment
Your local tax assessor may have your house overvalued if your home is not appreciating as much as other homes nearby. That only means you're probably paying more taxes than you should. Since your property assessment may likely go up again in the next period, the earlier you take care of a matter like this, the better off you'll be. Getting a professional appraisal from Forshay Appraisals, Inc. is your perfect weapon when challenging your property tax assessment.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender might just make the decision to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area. This can this be annoying from a cash flow standpoint, and detrimental to your credit score since it may appear as though that credit line is maxed out. Forshay Appraisals, Inc. can help you reinstate your HELOC.
We Provide Field and Desktop Appraisal Review Services
Do you need a seasoned professional to double-check your appraisal for verity, or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? Forshay Appraisals, Inc. offers field reviews where we go out and check the subject and comps in question. Or, if you need it ASAP, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.
Need a retrospective review of an appraisal report? We can help you with that Even though this is usually requested by banks, you may want to exercise this service if you suspect mortgage fraud related to your house.