Attention homeowners in Rockford and Winnebago County: Need an appraisal?

Here are the top seven reasons why IL homeowners hire Rock River Appraisal, Inc.:

To get a pre-listing appraisal (whether you're using an agent or selling the home on your own)
To challenge a IL property tax assessment
Remove PMI to cut a mortgage payment
To reinstate your Home Equity Line of Credit (HELOC)
Review a different appraiser's report for verification
In the case of a IL divorce, when real estate property needs to be divided
To determine the true market value of real estate in question to settle an estate in IL

Own a home in or near Rockford, IL and need help determining the value of it?
Contact Rock River Appraisal, Inc..

At Rock River Appraisal, Inc., we understand the special needs of a homeowner after appraisal services. While our usual 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 own house, it's often very hard to be objective about it. The professional appraisers at Rock River Appraisal, Inc. will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic selling price so your house will attract buyers, a professional appraisal is very important as a negotiating tool once you have a likely buyer. It gives you something concrete to show your buyer. The appraisal is an independent third party's opinion of your property's value, not just how much you think your house is worth. Potential 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 opinion than yours.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. An attractive money saver for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is less than 80% of the value of your property, in most cases you can apply to a lender to have the PMI removed from your loan, which will make your monthly payments go down. At Rock River Appraisal, Inc., we're veterans in helping folks just like you get rid of unneeded PMI insurance.

Challenge Tax Assessment

Your local tax assessor may have your home overvalued if you live in an area that is going down. That means you're 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. An appraisal from Rock River Appraisal, Inc. is your number one weapon when challenging your property tax assessment.

HELOC recently frozen?

Your lender might just make the decision to automatically freeze your home equity line of credit (HELOC) if your house is in a declining area -- even if your specific property has not declined in value. This can this be annoying from a cash flow viewpoint, and unfavorable to your credit score since it may appear as though that credit line is maxed out. Rock River Appraisal, Inc. can help you reinstate your home equity line of credit with an expert appraisal.

We Also Offer Field and Desktop Appraisal Review Services

Would you prefer a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you desire a seasoned appraiser to double-check your appraisal for preciseness? In a field review we'll go out and check the subject and comparables. If you're in a hurry, 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 had done before. While typically requested by banks, you may need to exploit this service if you suspect mortgage fraud related to your home.