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

See the top reasons IL homeowners call on Infinite Residential Appraisals:

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

Do you own a house in or near Chicago? Do you need help deciding the value of your real estate?
Contact Infinite Residential Appraisals.

We at Infinite Residential Appraisals understand the unique needs of a consumer seeking appraisal services. Our customary business clients are used to the appraisal process and the customary reporting formats. Being a regular homeowner that probably doesn't look at appraisals on a regular basis,you can expect extra guidance and explanations through the appraisal process to understand what we do and how we present the results of our analysis.

For Sale By Owner/Pre-Listing Services

It's very hard to be objective about your home because of your emotional attachment to it. Our professional appraisers at Infinite Residential Appraisals are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. In addition to helping you set a realistic selling price so your property will attract interested buyers, a professional appraisal is a very important negotiating tool once you have an attainable buyer. The appraisal is something tangible to show the buyer. An appraisal is an independent third party's opinion of your property's value -- not just you saying how much you think your home is worth. Interested buyers assume you have an emotional attachment to your house and will be more likely to give credibility to an accomplished appraiser's value estimation than yours.

Appraisals to remove PMI

Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a preferred way to cut expenses for homeowners. Once your mortgage loan is less than 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. We're experts in helping customers just like you rid yourselves of unwanted and unneeded PMI insurance.

Challenging property tax assessments

If you live in a region that is declining or not appreciating as much as other homes close by, your local tax assessor may have your house overvalued. That only means you're paying more taxes than you should. Since your property assessment may likely go up again in the next period, the earlier you take care of a matter like this, the better. Getting an appraisal report from Infinite Residential Appraisals is your #1 weapon when contesting your property tax assessment.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender just might make the decision to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area. Not only can this be unsuitable 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. Infinite Residential Appraisals can help you reinstate your HELOC.

We Offer Field and Desktop Appraisal Review Services

Would you wish a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you want a veteran appraiser to double-check your appraisal for preciseness? We can go out and check the subject and comparables in question 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 report you may have had done before. While typically requested by banks, you may want to make use of this service if you suspect mortgage fraud related to your house.