Real estate appraisal services for homeowners in the city of Orland Park and Cook County

See the top 7 reasons IL homeowners call on MRB Appraisals, Inc.:

  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. To reduce your monthly mortgage payment by removing PMI
  4. To reinstate your Home Equity Line of Credit (HELOC)
  5. To review another appraiser's report for verification
  6. If real estate property needs to be divided because of a divorce
  7. Settle an estate in IL by determining the true market value of real estate in question

Do you own a house in or near Orland Park? Do you need help determining the value of your real estate?
Contact MRB Appraisals, Inc..

At MRB Appraisals, Inc., we understand the particular needs of a consumer after appraisal services. Our regular business clients get the appraisal process and the customary reporting formats. But as a consumer,we will provide you with extra guidance and explanations through the appraisal process to more clearly understand what we do and how we document our findings.

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. Our professional appraisers at MRB Appraisals, Inc. are objective. We won't just tell you what you want to hear, we will tell you what you need to know. In addition to helping you set a realistic price to sell at so your house will attract interested buyers, a professional appraisal is very important as a negotiating tool once you have an interested buyer. It gives you something concrete to show your buyer. It's an independent third party's opinion of your property's value, and not just how much your home is worth. Interested buyers assume you have an emotional attachment to your home and will be far more likely to give credibility to a professional appraiser's value report than yours.

PMI Removal Appraisals

An attractive 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 amount is less than 80% of the value of your property, 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 are experts in helping folks just like you dismiss unnecessary PMI insurance.

Challenge Tax Assessment

Lets say you live in a local area that is going down -- your local tax assessor may have your home overvalued. That means you are going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better off you'll be. A professional appraisal from MRB Appraisals, Inc. is your perfect weapon when contesting your property tax assessment.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender may just make the decision to automatically freeze your home equity line of credit (HELOC) if your home is in a declining area. Not only can this be difficult from a cash flow standpoint, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. MRB Appraisals, Inc. can provide you with efficient appraisal that will help you reinstate your home equity line of credit.

We Offer Field and Desktop Appraisal Review Services

Have you just accepted a copy of your appraisal and you'd prefer to have a seasoned expert double-check it for preciseness or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? An appraiser from MRB Appraisals, Inc. can go out and check the subject and comps in a field review. If you need it immediately, we'll provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.

We can also provide you with a a retrospective review of any appraisal you may have had done before. While typically requested by banks, you may need to exploit this service if you suspect mortgage fraud related to your home.