Real estate appraisal services for homeowners in the city of Rockford and Winnebago County

The top reasons IL homeowners hire Signature Appraisals, Inc:

  1. To get a pre-listing appraisal (whether they're selling the home themselves or using a real estate agent)
  2. Challenge Winnebago county's assessment of your propertyworth
  3. Remove PMI to lower your monthly mortgage payment
  4. Reinstate their Home Equity Line of Credit (HELOC)
  5. To review a different appraiser's report for verification
  6. In the case of a IL divorce, when real estate needs to be divided
  7. Determine the true market value of real estate in question to settle an estate in Winnebago county or IL

Own a home in or near Rockford, IL and need help deciding the value of it?
Contact Signature Appraisals, Inc.

We at Signature Appraisals, Inc understand the individual needs of a customer 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 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. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your property will attract interested buyers, a professional appraisal is a crucial negotiating tool once you have a likely buyer. It gives you something tangible to show your buyer. It's an independent third party's opinion of your home's value, and not just how much you think your home is worth. Potential buyers know that you have an emotional attachment to your home and will be far more likely to give credibility to a seasoned appraiser's value judgement than yours.

Appraisals to remove PMI

PMI stands for Private Mortgage Insurance. A fashionable money saver for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is down below 80% of the value of your property, 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. Signature Appraisals, Inc is veterans in helping consumers just like you rid themselves of unnecessary PMI insurance.

Challenging a property tax assessment

Your local tax assessor may have your home overvalued if you live in a local area that is declining. That means you're probably paying more taxes than you should. The faster you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. When contesting your property tax assessment, getting an expert appraisal from Signature Appraisals, Inc is your #1 weapon.

HELOC recently frozen?

Your lender just might decide to automatically freeze your home equity line of credit (HELOC) if your house is near a declining area -- even if your specific property has not declined in value. This can be be negative on your credit score since it may appear as though that credit line is maxed out, and also annoying from a cash flow viewpoint. Signature Appraisals, Inc can help you reinstate your home equity line of credit with efficient appraisal.

We Offer Field and Desktop Appraisal Review Services

Do you need a seasoned appraiser to double-check your appraisal for accuracy, or do you need a second opinion without the added cost and delay of waiting for a whole new appraisal? An appraiser from Signature Appraisals, Inc can go out and check the subject and comps in question in a field review. If you need it ASAP, we'll provide 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 report you may have in your possession. While typically requested by banks, you may desire to take advantage of this service if you suspect mortgage fraud related to your home.