Real estate appraisal services for homeowners in the city of Worden and Madison County

See the top 7 reasons why IL homeowners hire Bohnenstiehl Appraisals:

  1. Get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
  2. Challenge a property tax assessment
  3. Remove PMI to cut their mortgage payment
  4. To reinstate their Home Equity Line of Credit (or HELOC)
  5. Verify another appraiser's report
  6. If real estate property needs to be divided because of a divorce
  7. Settle an estate in IL by determining the true market value of property in question

Own a house in or near Worden, IL and need help deciding the price of it?
Contact Bohnenstiehl Appraisals.

We at Bohnenstiehl Appraisals understand the special needs of a customer after appraisal services. The appraisal process and reporting formats are familiar to our business clients like lenders, attorneys, and CPAs. As our client, we will provide you with extra guidance and explanations through the appraisal process to understand what we do and how we report our conclusions.

Pre-listing Services/For Sale By Owner

Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Professional appraisers, like the ones at Bohnenstiehl Appraisals, are objective. We will tell you what you need to know, not just what you want to hear. A professional appraisal is a crucial negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your house will attract buyers. It's something concrete to show your buyer. The appraisal is an independent third party's opinion of your property's value, not just you saying how much your house is worth. Interested buyers assume you have an emotional attachment to your home and will be much more likely to give credibility to a professional appraiser's value judgement than yours.

Need to remove PMI?

An attractive way to save money for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is less than 80% of the value of your property, in most cases you can apply to the lender to have the PMI removed from your loan, which will make your monthly payments go down. We are qualified in helping consumers just like you do away with unwanted and unneeded PMI insurance.

Challenge property tax assessments

Lets say your home is not appreciating as much as other properties nearby -- your local tax assessor may have your home overvalued. This only means you are most likely 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. An appraisal from Bohnenstiehl Appraisals is your number one weapon when challenging your property tax assessment.

HELOC recently frozen?

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

We Also Provide Field and Desktop Appraisal Review Services

Have you just been given a copy of your appraisal and you would wish to have an expert double-check it for verity or do you want a second opinion without the added expense and delay of waiting for a whole new appraisal? An appraiser from Bohnenstiehl Appraisals can go out and check the subject and comps in a field review. If you need it immediately, we'll 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 help you with that While typically requested by banks, you may wish to employ this service if you suspect mortgage fraud related to your home.