Real estate appraisal services for homeowners in the city of Lakemoor and McHenry County

See the top reasons IL homeowners use Schaid Appraisals:

To get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
Challenge a property tax assessment
To reduce their mortgage payments by removing PMI
To reinstate their Home Equity Line of Credit (or HELOC)
To review a different appraiser's report for verification
In the case of a IL divorce, when real estate needs to be divided
Settle an estate in IL by determining the true market value of real estate in question

Do you own a home in or near Lakemoor? Do you need help determining the value of your real estate?
Contact Schaid Appraisals.

At Schaid Appraisals, we understand the individual needs of a consumer seeking appraisal services. Our business practices and reporting formats are relatively routine to our business clients like banks, attorneys, and CPAs. As our non-traditionalclient, we will provide you with extra guidance and explanations through the appraisal process to understand what we do and how we present our conclusions.

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 Schaid Appraisals will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very valuable as a negotiating tool once you have an interested buyer, in addition to helping you set a realistic selling price so your house will attract many interested buyers. It gives you something tangible to show the buyer. An appraisal is an independent third party's opinion of your property's price -- not just how much you think your home is worth. Interested buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to a seasoned appraiser's value judgement than yours.

Need to remove PMI?

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a fashionable way to cut expenses for homeowners. Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your house. In most cases you can apply to your lender to have the PMI eliminated from your loan. We are qualified in helping people just like you get rid of unwanted PMI insurance.

Challenging McHenry county's assessment of your property

If you live in an area that is declining or not appreciating as much as other properties close by, your local tax assessor may have your home overvalued. This means you're probably paying higher taxes than you should be paying. The earlier you take care of things like this, the better, since your property assessment may likely go up again in the next period. A professional appraisal from Schaid Appraisals is your strongest weapon when challenging your property tax assessment.

HELOC recently frozen?

Your lender may choose to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area -- even if your specific property has not declined in value. Not only can this be annoying from a cash flow point of view, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. Schaid Appraisals can provide you with an expert appraisal to help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Do you need a seasoned professional to double-check your appraisal for accuracy, or do you desire a second opinion without the charge and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in a field review. Or, if you're in a hurry, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.

Need a retrospective review of an appraisal? We can We can assist you Even though this is typically requested by banks, you may desire to exploit this service if you suspect mortgage fraud related to your house.