Appraisal services for Park Ridge and Cook County homeowners

Here are the top seven reasons why IL homeowners order from JLC Appraisals Inc:

  1. Pre-listing appraisals (whether they're selling the home on their own or using an agent)
  2. Challenge property tax assessments
  3. Remove PMI to cut your monthly mortgage payment
  4. Reinstate your Home Equity Line of Credit (HELOC)
  5. Verify a different appraiser's report
  6. If property needs to be divided because of a divorce
  7. To determine the true market value of property in question to settle an estate

Need help determining the value of your house in or near Park Ridge, IL?
Contact JLC Appraisals Inc.

We at JLC Appraisals Inc understand the unique needs of a customer in need of 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.

Pre-listing Services/For Sale By Owner

It's very hard to be objective about your home because of your emotional attachment to it. The professional appraisers at JLC Appraisals Inc will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a very valuable negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your house will attract interested buyers. It gives you something tangible to show your buyer. The appraisal is an independent third party's opinion of your house's value, not just you saying how much your home is worth. Interested buyers know that you have an emotional attachment to your house and will be much more likely to give credibility to a seasoned appraiser's value report than yours.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. A fashionable way to cut costs for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is down below 80% of the value of your home, in most cases you can apply to a lender to have the PMI eliminated 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 Tax Assessment

If you live in a region that is declining or not appreciating as much as other houses close to yours, your local tax assessor may have your home overvalued. That means you're paying more taxes than you should. The faster 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. Getting an appraisal from JLC Appraisals Inc is your strongest weapon when contesting your property tax assessment.

HELOC recently frozen?

If your house is in or near a declining area, your lender may just 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 this be inconvenient from a cash flow angle, and destructive to your credit score since it may appear as though that credit line is maxed out. A professional appraisal from JLC Appraisals Inc can help you reinstate your HELOC.

We Offer Field and Desktop Appraisal Review Services

Have you just gotten a copy of your appraisal and you would prefer to have an expert double-check it for precision or do you need a second opinion without the added expense and delay of waiting for a whole new appraisal? JLC Appraisals Inc offers field reviews where we'll go out and check the subject and comps. 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 with that too. While typically requested by banks, you may want to exercise this service if you suspect mortgage fraud related to your property.