Appraisal services for Mc Lean and McLean County homeowners

The top 7 reasons why IL homeowners hire Martindale Appraisal Services:

  1. Get a pre-listing appraisal (whether they're selling the home themselves or using an agent)
  2. To challenge a IL property tax assessment
  3. Remove PMI to reduce your mortgage payments
  4. Reinstate your Home Equity Line of Credit (HELOC)
  5. Review another appraiser's report for verification
  6. If real estate needs to be divided because of a divorce
  7. To determine the true market value of property in question to settle an estate in IL

Need help deciding the price of your house in or near Mc Lean, IL?
Contact Martindale Appraisal Services.

We at Martindale Appraisal Services understand the particular needs of a consumer after appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer 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/Pre-Listing Services

It's very hard to be objective about your own house because of your emotional attachment to 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 crucial negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your property will attract buyers. It gives you something tangible to show your buyer. An appraisal is an independent third party's opinion of your home's value -- not just how much your home is worth. Potential buyers assume that you have an emotional attachment to your house and will be more likely to give credibility to an accomplished appraiser's value opinion than yours.

Need to remove PMI?

Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is an attractive way to save money for homeowners. Once your mortgage loan is less than 80% of the value of your home, 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 are seasoned in helping people just like you rid yourselves of unwanted PMI insurance.

Challenge Tax Assessment

Your local tax assessor may have your home overvalued if you live in a region that's going down. This means you are most likely paying higher taxes than you should be paying. The quicker you take care of things 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 Martindale Appraisal Services is your strongest weapon.

Was your HELOC recently frozen?

If your house is in a declining area, your lender just might decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be inopportune from a cash flow viewpoint, but it can be negative on your credit score since it may appear as though that credit line is maxed out. Martindale Appraisal Services can help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Have you just been handed a copy of your appraisal and you would wish to have a professional double-check it for efficiency or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? Martindale Appraisal Services offers field reviews where we go out and check the subject and comps. Or, if you're in a rush, we can 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? Martindale Appraisal Services can help with that too. Even though this is usually requested by banks, you may wish to exploit this service if you suspect mortgage fraud related to your property.