Attention homeowners in Morrison and Whiteside County: Get an Appraisal today!

The top 7 reasons why IL homeowners need ARC Appraisals:

To get a pre-listing appraisal (whether they're selling the home themselves or using a real estate agent)
Challenge Whiteside county's assessment of your property
Remove PMI to cut their monthly mortgage payment
To reinstate your Home Equity Line of Credit (or HELOC)
Verify a different appraiser's report
If property needs to be divided because of a divorce
To settle an estate in Whiteside county or IL by determining the true market value of real estate in question

Need help determining the value of your house in or near Morrison, IL?
Contact ARC Appraisals.

At ARC Appraisals, we understand the special needs of a homeowner after appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like lenders, attorneys, and CPAs. As our valued client, we will give you extra guidance and explanations through the appraisal process to understand what we do and how we present our findings.

Pre-listing Services/For Sale By Owner (FSBO)

Since you have an emotional attachment to your own house, it's often very hard to be objective about it. The professional appraisers at ARC Appraisals 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 home will attract interested buyers, a professional appraisal is a very important negotiating tool once you have a likely buyer. It gives you something tangible 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 home is worth. Potential buyers know you have an emotional attachment to your home and will be more likely to give credibility to an accomplished appraiser's value report than yours.

Need to cancel PMI?

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a preferred way to cut expenses for homeowners. Once your mortgage loan amount is less than 80% of the value of your house, in most cases you can apply to a lender to have the PMI canceled from your loan, which will make your monthly payments go down. At ARC Appraisals, we're experienced in helping people just like you remove unnecessary PMI insurance.

Challenge property tax assessments

Your local tax assessor may have your house overvalued if you live in an area that is going down or not appreciating as much as other properties nearby. This only means you're paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of things like this, the better. When challenging your property tax assessment, getting an appraisal report from ARC Appraisals is your chief weapon.

Was your HELOC recently frozen?

If your home is near a declining area, your lender might decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be unfavorable to your credit score since it may appear as though that credit line is maxed out, and also inopportune from a cash flow viewpoint. ARC Appraisals can provide you with an expert appraisal that will help you reinstate your home equity line of credit.

Do You Need Field and Desktop Appraisal Review Services?

Do you need a seasoned professional to double-check your appraisal for accuracy, or do you need a second opinion without the added expense and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps. 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 report you may have in your possession. Even though this is usually requested by banks, you may want to utilize this service if you suspect mortgage fraud related to your property.