Need an appraisal in Chicago or Cook County?

Here are the top seven reasons why Illinois homeowners call on Tengler Appraisal:

Get a pre-listing appraisal (whether they're selling the home on their own or using a real estate agent)
Challenge a property tax assessment
To lower a mortgage payments by removing PMI
To reinstate your Home Equity Line of Credit (or HELOC)
Verify a different appraiser's report
In the case of a divorce in the state of Illinois, when real estate needs to be divided
Determine the true market value of the property in question to settle an estate in Cook county or Illinois


	Need help determining the value of your house in or near Chicago, Illinois? Contact Tengler Appraisal.

At Tengler Appraisal, we understand the unique needs of a consumer seeking appraisal services. Our usual business clients understand the appraisal process and the customary documents we provide. Being a regular person not in the real estate field that ordinarily doesn't look at appraisals every day, you will receive extra guidance and explanations through the appraisal process to better understand what we do and how we report the results of our analysis.

For Sale by Owner (FSBO)/Pre-Listing Services

It's very hard to be objective about your home because you most likely have an emotional attachment to it. Professional appraisers, like the ones at Tengler Appraisal, will be objective. We'll tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic selling price so your house will attract buyers, a professional appraisal is very valuable as a negotiating tool once you have an attainable buyer. It's something concrete to show your buyer. The appraisal is an independent third party's opinion of your home's value, not just how much you think your home is worth. Interested buyers assume that you have an emotional attachment to your home and will be much more likely to give credibility to an accomplished appraiser's value report than yours.

Challenging property tax assessments

Let's say you live in an area that is going down -- your local tax assessor may have your home overvalued. That means you are most likely paying more taxes than you should. 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 Tengler Appraisal is your best weapon.

PMI Removal Appraisals

A preferred money saver 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". Your monthly payments will go down once your mortgage loan is less than 80% of the value of your home. In most cases you can apply to a lender to have the PMI eliminated from your loan. Tengler Appraisal is seasoned in helping clients just like you get rid of unwanted PMI insurance.

Recently got a freeze to your HELOC?

If your house is in or near a declining area, your lender just might 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 inopportune from a cash flow point of view, but it can be negative on your credit score since it may appear as though that credit line is maxed out. Tengler Appraisal can help you reinstate your home equity line of credit with a professional appraisal.

Need Field and Desktop Appraisal Review Services?

Have you just been handed a copy of your appraisal and you would prefer to have a veteran appraiser double-check it for verity or do you want a second opinion without the charge and delay of waiting for a whole new appraisal? An appraiser from Tengler Appraisal 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 a retrospective review of any appraisal you may have in your possession. Even though most appraisal reviews are commissioned by lenders for quality control, homeowners suspecting they've been the victim of mortgage fraud are prudent to get a second opinion.