Real estate appraisal services for homeowners in the city of Springfield and Sangamon County

Here are the top seven reasons IL homeowners need Paul Moriconi:

  1. Find the right listing price (whether you're using an agent or selling the home on your own)
  2. Challenge Sangamon county's assessment of your property
  3. To reduce their monthly mortgage payment by removing PMI
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. Verify another appraiser's report
  6. In the case of a IL divorce, when property needs to be divided
  7. To determine the true market value of property in question to settle an estate

Do you own a house in or near Springfield? Do you need help determining the value of your real estate?
Contact Paul Moriconi.

We at Paul Moriconi understand the individual needs of a consumer in need of appraisal services. While our typical 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.

For Sale By Owner/Pre-Listing Services

Since you have an emotional attachment to your own house, it's often very hard to be objective about it. The professional appraisers at Paul Moriconi will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a crucial negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your house will attract many interested buyers. It's something tangible to show your buyer. It's an independent third party's opinion of your property's value, and not just how much your home is worth. Interested buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to an experienced appraiser's value conclusion than yours.

Appraisals to cancel 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 is 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. We're veterans in helping folks just like you do away with unwanted PMI insurance.

Challenging a property tax assessment

Your local tax assessor may have your house overvalued if you live in an area that is going down. That only means you are probably paying more taxes than you should. 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. When challenging your property tax assessment, getting a professional appraisal from Paul Moriconi is your strongest weapon.

HELOC recently frozen?

If your property is near a declining area, your lender might choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be disadvantageous from a cash flow standpoint, but it can be bad for your credit score since it may appear as though that credit line is maxed out. An appraisal from Paul Moriconi can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Do you need a seasoned professional to double-check your appraisal for preciseness, or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in question in a field review. If you're in a rush, 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.

Need a retrospective review of an appraisal? We can help you with that Even though this is typically requested by banks, you may need to make use of this service if you suspect mortgage fraud related to your property.