Real estate appraisal services for homeowners in the city of Aurora and Kane County

The top seven reasons why IL homeowners use Paul & Associates:

Get a pre-listing appraisal (whether they're selling the home on their own or using a real estate agent)
Challenge Kane county's assessment of your property
To reduce a mortgage payment by removing PMI
Reinstate your Home Equity Line of Credit (HELOC)
To review another appraiser's report for verification
If real estate property needs to be divided because of a divorce
Determine the true market value of real estate in question to settle an estate in Kane county or IL

Own a home in or near Aurora, IL and need help deciding the value of it?
Contact Paul & Associates.

We at Paul & Associates understand the particular needs of a customer looking for appraisal services. While our typical business 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.

Pre-listing Services/For Sale By Owner (FSBO)

It's very hard to be objective about your house because you most likely have an emotional attachment to it. Our professional appraisers at Paul & Associates are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is very crucial as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your home will attract buyers. The appraisal is something tangible to show your buyer. It's an independent third party's opinion of your property's price, and not just you saying how much your house is worth. Potential buyers know you have an emotional attachment to your home and will be more likely to give credibility to an accomplished appraiser's value report than yours.

Appraisals to remove PMI

An attractive money saver for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your home. In most cases you can apply to a lender to have the PMI removed from your loan. We are veterans in helping consumers just like you abolish unwanted and unneeded PMI insurance.

Challenging property tax assessments

Your local tax assessor may have your house overvalued if you live in a region that's declining. This only means you are going to pay higher taxes than you should be paying. The quicker you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. Getting a professional appraisal from Paul & Associates is your perfect weapon when contesting your property tax assessment.

Recently got a freeze your HELOC?

If your home is close to a declining area, your lender just might decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be unsuitable from a cash flow angle, and detrimental to your credit score since it may appear as though that credit line is maxed out. Paul & Associates can provide you with an expert appraisal that will 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 added cost and delay of waiting for a whole new appraisal? Or do you need a seasoned appraiser to double-check your appraisal for accuracy? We can go out and check the subject and comps in question in a field review. If you need it immediately, we'll provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.

We can also provide a retrospective review of any appraisal report you may have had in the past. Even though this is usually requested by banks, you may want to utilize this service if you suspect mortgage fraud related to your home.