Appraisal services for Springfield and Sangamon County homeowners

The top reasons IL homeowners use Paul Moriconi:

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

Need help deciding the value of your home in or near Springfield, IL?
Contact Paul Moriconi.

At Paul Moriconi, we understand the particular needs of a customer looking for appraisal services. While our usual business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra 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

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 house will attract interested buyers, a professional appraisal is a crucial negotiating tool once you have a potential buyer. It's something tangible to show your buyer. The appraisal is an independent third party's opinion of your property's value, not just you saying how much you think your home is worth. Interested buyers know that you have an emotional attachment to your home and will be more likely to give credibility to an expert appraiser's value judgement than yours.

Appraisals to remove PMI

A fashionable way to cut costs for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is down below 80% of the value of your house, in most cases you can apply to your lender to have the PMI canceled from your loan, which will make your monthly payments go down. We're experts in helping folks just like you rid themselves of unneeded and unwanted PMI insurance.

Challenging property tax assessments

If you live in an area that is going down or not appreciating as much as other homes close to yours, your local tax assessor may have your house overvalued. That only means you are going to pay more taxes than you should. The quicker you take care of things like this, the better, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an appraisal report from Paul Moriconi is your #1 weapon.

HELOC recently frozen?

Your lender might just choose to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area -- even if your specific property has not declined in value. This can be be damaging to your credit score since it may appear as though that credit line is maxed out, and also annoying from a cash flow point of view. Paul Moriconi 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?

Do you need an expert to double-check your appraisal for verity, or do you desire a second opinion without the cost and delay of waiting for a whole new appraisal? Paul Moriconi offers field reviews where we'll go out and check the subject and comparables. If you're in a rush, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.

We can also provide you with a a retrospective review of any appraisal report you may have had in the past. While typically requested by banks, you may desire to exploit this service if you suspect mortgage fraud related to your home.