Real estate appraisal services for homeowners in the city of Lombard and Dupage County
Here are the top 7 reasons Illinois homeowners call on McMahon, Baldwin & Associates:
At McMahon, Baldwin & Associates, we understand the unique needs of a homeowner seeking appraisal services. Our regular business clients understand the appraisal process and the customary reporting formats. But as a consumer, you'll receive extra guidance and explanations through the appraisal process to better understand what we do and how we report our conclusions.
For-Sale-by-Owner (FSBO) / Pre-Listing ServicesIt's very hard to be objective about your house because of your emotional attachment to it. The professional appraisers at McMahon, Baldwin & Associates will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic selling price so your property will attract interested buyers, a professional appraisal is very crucial as a negotiating tool once you have a likely buyer. It's something tangible to show the buyer. It's an independent third party's opinion of your home's value, and not just you saying how much your home is worth. Potential buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to an experienced appraiser's value opinion than yours.
Challenge Tax AssessmentYour local tax assessor may have your house overvalued if you live in a region that's declining. This means you're most likely paying higher taxes than you should be paying. The quicker you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. An expert appraisal from McMahon, Baldwin & Associates is your best weapon when contesting your property tax assessment.
Appraisals to cancel PMIA fashionable way to cut expenses for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan is below 80% of the value of your house, 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. McMahon, Baldwin & Associates is qualified in helping folks just like you dismiss undesirable PMI insurance.
HELOC recently frozen?Even if your specific property has not declined in value, your lender just might decide to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area. Not only can this be difficult and inconvenient from a cash flow standpoint, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. McMahon, Baldwin & Associates can help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?Do you need a seasoned expert to double-check your appraisal for preciseness, or do you need a second opinion without the added 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 hurry, 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? McMahon, Baldwin & Associates can help you with that. Even though most appraisal reviews are requested by lenders for quality control, homeowners suspecting a prior appraisal wasn't above board are prudent to invest in a second opinion.