Purchase/Sale
Pre-Listing Appraisal
In addition to helping you determine a competitive listing price that will attract buyers, a certified appraisal can make you aware of problems or overlooked repairs—hassles that might cause a potential sale to fall through at the eleventh hour. This can be especially important if you are electing to market your home without the help of a real estate agent.
Asking too much for a home can have a snowball effect—wasting your valuable time and draining your resources while your house racks up days on market. The appraisal process is unbiased and fact-based, analyzing your home using comparable properties and our expertise of Chicago-area markets.
Considering improvements to your home?
Not all improvement projects result in an increase in your home’s market value that is commensurate with the cost of renovation. A prospective appraisal can determine the economic feasibility of a house renovation project. Conversely, an appraisal can also be beneficial if a renovation project has stalled and you are in need of the “as is” value of your home based on the present state of the project.
Pre-Purchase Appraisal
Purchasing real estate is a major investment, regardless of whether a financial institution is involved. Most real estate transactions involving a bank will require a certified appraisal to affirm the market value of the real estate being purchased.
However, in cash transactions or other instances where a lender is not involved, you may wish to have the property appraised to verify your negotiated purchase price and your potential investment.