Services

Pre-listing/Pre-purchase appraisals

Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision when determining your selling price.

Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. It’s easy for them to step in and give you the information to help you make your decision. Appraiser fees are based on efforts to complete the report and not a percentage of the sales price. So seeking a professional appraisal can often help homeowners make the best decisions on investing in their homes and setting a fair sales price.

Tax Assessment Appeal

Most real estate and property taxes are based upon the value of the property. When the taxing agency values your property at a higher rate than the actual value, you are paying too much in taxes.

Often, matters like this can be resolved with a phone call. However, if after discussing your assessment with your local taxing authority you still feel as though your property was overvalued, a professional, independent, third-party appraiser is often your best bet in proving your case. Most successful appeals require that the property have an appraisal, an expert opinion of the actual value. That’s where we come in. .

There are many different procedures for appealing assessments so it’s important to enlist the help of a professional appraisal firm that’s experienced and trained in the ins and outs of your particular jurisdiction.

Estate

The task of settling an estate, while stressful, is very important. It’s up to you as a trustee to carry out the wishes of the deceased as quickly and with as much dignity as possible. You can count on us to act quickly and with as much sympathy to the feelings of everyone left behind.

Attorneys and accountants count on our understanding when calculating real estate values for estates, divorces, or other disputes requiring a value being placed on real property. Settling an estate most often depends on an appraisal to suggest market value for the residential property in question. It is often the case that the time an appraisal is needed will deviate the date of death. We assure that we are accustomed to the procedures and requirements needed by the federal and Illinois revenue agencies to provide a retrospective appraisal with an effective date and market value estimate matching the exact date of death. The ethical requirements listed within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, assuring the strongest degree of privacy for you and your loved ones.

All too often, people do not fully fathom the demand to have a complete appraisal report produced in support of the numbers shown in tax documents filed with the IRS.

An accurate report showing the appraiser’s opinion of value is required to support the methods the appraiser used to come to his conclusions. In having a report supported by our professional staff, you will have the knowledge that the numbers provided in the report will definitely demonstrate to the authorities that the numbers used are well founded and correct.

Having a professional gives the executor irrefutable facts and figures to work with in exceeding IRS and Illinois state agency requirements. You need not stress over anything, because we will be there to support our work if they are ever refuted.

Divorce

Divorce settlements involve many decisions, including who gets the house. There are generally two options regarding the shared residence – it can be put on the market and the proceeds divided, or one party can “buy out” the other. In either case, one or both parties would be wise to commission an appraisal of the residence.

A divorce appraisal needs a well-supported, expert report that will hold up to a judge. When you order an appraisal us, you are assured the best in service with professional courtesy and top notch analysis. Working through the sensitive needs of a divorce situation is not a problem for us.

Illinois attorneys and accountants rely on our opinions when figuring out real property values for estates, divorces, or other disputes requiring a value opinion. For lawyers handling a divorce, your case’s material facts customarily require an appraisal to determine market value for the residential real estate involved. Often the divorce date differs from the date you requested the appraisal. We’re accustomed to the processes and what’s requisite to develop a retrospective appraisal that has an effective date and Market Value opinion matching the date of divorce. The Uniform Standards of Professional Appraisal Practice (USPAP) contains an ethics provision which means the highest amount of confidentiality, resulting in the utmost discretion.

We specialize in appraising single-family residences, condominiums, and planned unit developments (PUD).