Appraisal services for Crystal Lake and McHenry County homeowners

The top seven reasons IL homeowners call on Mark Ovington Appraisals, Inc.:

Find the right listing price (whether they're selling the home on their own or using a real estate agent)
Challenge McHenry county's assessment of your propertyvalue
Remove PMI to reduce your mortgage payment
Reinstate your Home Equity Line of Credit (HELOC)
Verify a different appraiser's report
In the case of a IL divorce, where real estate needs to be divided
Determine the true market value of real estate in question to settle an estate in McHenry county or IL

Do you own a home in or near Crystal Lake? Do you need help determining the value of your real estate?
Contact Mark Ovington Appraisals, Inc..

We at Mark Ovington Appraisals, Inc. understand the particular needs of a consumer in need of appraisal services. While our usual business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra 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 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. In addition to helping you set a realistic price to sell at so your home will attract interested buyers, a professional appraisal is a very valuable negotiating tool once you have an attainable buyer. It gives you something concrete to show the buyer. It's an independent third party's opinion of your house's value, 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 much more likely to give credibility to an accomplished appraiser's value conclusion than yours.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. A popular money saver for homeowners is to get the PMI eliminated 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 property. In most cases you can apply to your lender to have the PMI eliminated from your loan. We're qualified in helping folks just like you remove unwanted PMI insurance.

Challenging a property tax assessment

Your local tax assessor may have your home overvalued if you live in an area that is declining or is not appreciating as much as other properties close by. That only means you're probably paying more taxes than you should. The sooner 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. An appraisal from Mark Ovington Appraisals, Inc. is your perfect weapon when challenging your property tax assessment.

Recently got a freeze your HELOC?

Your lender might choose to automatically freeze your home equity line of credit (HELOC) if your property is near a declining area -- even if your specific property has not declined in value. This can be be harmful to your credit score since it may appear as though that credit line is maxed out, and also troublesome from a cash flow standpoint. Mark Ovington Appraisals, Inc. can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Do you need a seasoned expert to double-check your appraisal for efficiency, or do you want a second opinion without the added cost and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps. 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.

We can also provide a retrospective review of any appraisal report you may have in your possession. While usually requested by banks, you may wish to exercise this service if you suspect mortgage fraud related to your property.