Appraisal services for Machesney Park and Winnebago County homeowners

The top 7 reasons IL homeowners order from Nordheim Appraisal Inc:

  1. To get a pre-listing appraisal (whether you're using an agent or selling the home on your own)
  2. Challenge a property tax assessment
  3. Remove PMI to reduce a mortgage payment
  4. Reinstate their Home Equity Line of Credit (or HELOC)
  5. Verify another appraiser's report
  6. If real estate property needs to be divided because of a divorce
  7. To settle an estate in Winnebago county or IL by determining the true market value of real estate in question

Own a home in or near Machesney Park, IL and need help deciding the price of it?
Contact Nordheim Appraisal Inc.

At Nordheim Appraisal Inc, we understand the individual needs of a consumer in need of appraisal services. While our usual business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra 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 (FSBO) / Pre-Listing Services

Since you have an emotional attachment to your house, it's often very hard to be objective about it. Professional appraisers, like the ones at Nordheim Appraisal Inc, are objective. We will tell you what you need to know, not just what you want to hear. A professional appraisal is a very valuable negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your property will attract interested buyers. It's something concrete to show the buyer. It's an independent third party's opinion of your home's price, and not just you saying how much you think your house is worth. Interested buyers assume that you have an emotional attachment to your home and will be more likely to give credibility to an expert appraiser's value estimation than yours.

Appraisals to cancel PMI

A fashionable way to cut expenses for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan is below 80% of the value of your property. In most cases you can apply to your lender to have the PMI canceled from your loan. We're experienced in helping homeowners just like you dismiss unwanted PMI insurance.

Challenge property tax assessments

If you live in an area that is declining or is not appreciating as much as other homes close to yours, your local tax assessor may have your home overvalued. This only means you are probably paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the quicker you take care of things like this, the better. When challenging your property tax assessment, getting an expert appraisal from Nordheim Appraisal Inc is your best weapon.

Recently got a freeze your HELOC?

If your house is near a declining area, your lender might just make the decision 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 unsuitable from a cash flow point of view, but it can be destructive to your credit score since it may appear as though that credit line is maxed out. Nordheim Appraisal Inc can help you reinstate your HELOC.

We Also Offer Field and Desktop Appraisal Review Services

Have you just gotten a copy of your appraisal and you'd like to have a professional double-check it for verity or do you desire a second opinion without the added expense and delay of waiting for a whole new appraisal? An appraiser from Nordheim Appraisal Inc can go out and check the subject and comps in question in a field review. Or, if you're in a hurry, we can provide you with a 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 We can assist you Even though this is typically requested by banks, you may wish to make use of this service if you suspect mortgage fraud related to your property.