Attention homeowners in Oak Lawn and Cook County: Get an Appraisal today!

Check out the top seven reasons why IL homeowners call on Mannion Appraisals:

Get a pre-listing appraisal (whether they're selling the home on their own or using a real estate agent)
To challenge a IL property tax assessment
Remove PMI to reduce their mortgage payment
To reinstate their 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

Do you own a home in or near Oak Lawn? Do you need help deciding the value of your real estate?
Contact Mannion Appraisals.

We at Mannion Appraisals understand the special needs of a homeowner in need of appraisal services. Our regular business clients are used to the appraisal process and the usual reporting formats. As our client, you can expect extra guidance and explanations through the appraisal process to better understand what we do and how we present the results of our analysis.

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

Since you have an emotional attachment to your house, it's often very hard to be objective about it. The professional appraisers at Mannion Appraisals will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic price to sell at so your property will attract buyers, a professional appraisal is very valuable as a negotiating tool once you have a likely buyer. The appraisal is something tangible to show the buyer. The appraisal is an independent third party's opinion of your house's price, not just how much you think your house is worth. Interested buyers know you have an emotional attachment to your house and will be much more likely to give credibility to an expert appraiser's value conclusion than yours.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. A preferred way to cut costs for homeowners is getting 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 below 80% of the value of your house. In most cases you can apply to a lender to have the PMI removed from your loan. We are seasoned in helping customers just like you rid yourselves of unneeded PMI insurance.

Challenging a property tax assessment

If you live in a region that is declining or is not appreciating as much as other homes close to yours, your local tax assessor may have your house overvalued. That only means you're most likely paying more taxes than you should. 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. Getting an appraisal report from Mannion Appraisals is your strongest weapon when challenging your property tax assessment.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender just might make the decision to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area. This can this be disadvantageous from a cash flow point of view, and unfavorable to your credit score since it may appear as though that credit line is maxed out. Mannion Appraisals can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Would you prefer a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you want a seasoned expert to double-check your appraisal for verity? In a field review we will go out and check the subject and comps. Or, if you're in a hurry, 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.

Do you need a retrospective review of an appraisal? Mannion Appraisals can help you with that. While typically requested by banks, you may want to take advantage of this service if you suspect mortgage fraud related to your home.