Attention homeowners in Lincolnwood and Cook County: Need an appraisal?

Check out the top reasons IL homeowners hire Joseph Yoon:

Pre-listing appraisals (whether they're selling the home on their own or using a real estate agent)
Challenge property tax assessments
To cut your mortgage payment by removing PMI
Reinstate their Home Equity Line of Credit (or HELOC)
Review a different appraiser's report for verification
If property needs to be divided because of a divorce
To settle an estate in IL by determining the true market value of real estate in question

Do you own a home in or near Lincolnwood? Do you need help deciding the value of your real estate?
Contact Joseph Yoon.

We at Joseph Yoon understand the particular needs of a homeowner looking for appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of 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 home, it's often very hard to be objective about it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is very important as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your house will attract interested buyers. It's something concrete to show the buyer. It's an independent third party's opinion of your home's price, and not just how much you think your home is worth. Potential buyers assume you have an emotional attachment to your house and will be more likely to give credibility to an experienced appraiser's value estimation than yours.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. A preferred way to cut expenses for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan is down below 80% of the value of your home. In most cases you can apply to the lender to have the PMI canceled from your loan. We are veterans in helping customers just like you rid themselves of undesirable PMI insurance.

Challenging a property tax assessment

Your local tax assessor may have your home overvalued if your house not appreciating as much as other houses close by. This only means you're paying higher taxes than you should be paying. The quicker you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. When contesting your property tax assessment, getting an appraisal report from Joseph Yoon is your chief weapon.

Recently got a freeze your HELOC?

If your property is in a declining area, your lender may make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be detrimental to your credit score since it may appear as though that credit line is maxed out, and also difficult from a cash flow viewpoint. Joseph Yoon can provide you with an expert appraisal to help you reinstate your home equity line of credit.

Do You Need Field and Desktop Appraisal Review Services?

Would you like a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you desire an expert to double-check your appraisal for verity? An appraiser from Joseph Yoon can go out and check the subject and comps in a field review. Or, if you need it in a rush, we can provide you with a 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 report? We can help with that too. While typically requested by banks, you may need to make use of this service if you suspect mortgage fraud related to your house.