Attention homeowners in Burr Ridge and Dupage County: Get an Appraisal today!

The top seven reasons why IL homeowners call on Real Property Advisors II Inc.:

  1. Pre-listing appraisals (whether you're using a real estate agent or selling the home on your own)
  2. To challenge a IL property tax assessment
  3. To reduce your mortgage payment by removing PMI
  4. Reinstate your Home Equity Line of Credit (HELOC)
  5. Review another appraiser's report for verification
  6. In the case of a IL divorce, where real estate property needs to be divided
  7. To determine the true market value of real estate in question to settle an estate

Need help deciding the value of your home in or near Burr Ridge, IL?
Contact Real Property Advisors II Inc..

We at Real Property Advisors II Inc. understand the particular needs of a homeowner in need of appraisal services. While our usual business 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 (FSBO)

Since you have an emotional attachment to your own house, it's often very hard to be objective about it. The professional appraisers at Real Property Advisors II Inc. 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 price to sell at so your home will attract many interested buyers, a professional appraisal is a crucial negotiating tool once you have a potential buyer. It gives you something concrete to show the buyer. An appraisal is an independent third party's opinion of your house's value -- not just you saying how much your house is worth. Potential buyers know that you have an emotional attachment to your home and will be far more likely to give credibility to an accomplished appraiser's value opinion than yours.

Need to remove PMI?

Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a popular way to save money for homeowners. Once your mortgage loan amount is less than 80% of the value of your home, in most cases you can apply to your lender to have the PMI removed from your loan, which will make your monthly payments go down. We're seasoned in helping customers just like you get rid of unnecessary PMI insurance.

Challenge a property tax assessment

Your local tax assessor may have your home overvalued if you live in a region that is going down or not appreciating as much as other properties nearby. That means you are most likely paying more taxes than you should. The sooner you take care of things like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal report from Real Property Advisors II Inc. is your chief weapon when challenging your property tax assessment.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender might just choose to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area. This can this be inopportune from a cash flow point of view, and bad for your credit score since it may appear as though that credit line is maxed out. Real Property Advisors II Inc. can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Would you prefer a second opinion without the charge and delay of waiting for a whole new appraisal? Or do you want a veteran appraiser to double-check your appraisal for precision? We can go out and check the subject and comparables in a field review. 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.

Do you need a retrospective review of an appraisal? Real Property Advisors II Inc. can We can assist you. While typically requested by banks, you may want to exercise this service if you suspect mortgage fraud related to your house.