Real estate appraisal services for homeowners in the city of Geneseo and Henry County

Here are the top 7 reasons why IL homeowners use BNC Appraisal LLC :

  1. To get a pre-listing appraisal (whether they're selling the home on their own or using a real estate agent)
  2. Challenge a property tax assessment
  3. Remove PMI to lower their monthly mortgage payment
  4. Reinstate your Home Equity Line of Credit (HELOC)
  5. Verify another appraiser's report
  6. In the case of a IL divorce, where real estate property needs to be divided
  7. Settle an estate in IL by determining the true market value of property in question

Need help deciding the price of your home in or near Geneseo, IL?
Contact BNC Appraisal LLC .

We at BNC Appraisal LLC understand the individual needs of a homeowner seeking appraisal services. Our business practices and reporting formats are relatively routine to our business clients like banks, attorneys, and CPAs. But as a general consumer,you will receive extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report our conclusions.

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

It's very hard to be objective about your house because you most likely have an emotional attachment to it. The professional appraisers at BNC Appraisal LLC will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very important as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your property will attract buyers. It's something concrete to show your buyer. The appraisal is an independent third party's opinion of your house's value, not just how much you think your home is worth. Interested buyers assume you have an emotional attachment to your home and will be more likely to give credibility to an accomplished appraiser's value conclusion than yours.

PMI Removal Appraisals

A fashionable way to cut expenses for homeowners is getting the PMI eliminated 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 less than 80% of the value of your property. In most cases you can apply to the lender to have the PMI canceled from your loan. BNC Appraisal LLC is seasoned in helping consumers just like you abolish unwanted and unneeded PMI insurance.

Challenging Henry county's assessment of your property

Your local tax assessor may have your home overvalued if you live in a local area that is declining. This means you're most likely paying higher taxes than you should be paying. The faster you take care of things like this, the better, since your property assessment may likely go up again in the next period. An appraisal from BNC Appraisal LLC is your #1 weapon when contesting your property tax assessment.

Recently got a freeze your HELOC?

If your house is in a declining area, your lender might just make the decision 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 inopportune from a cash flow angle, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. BNC Appraisal LLC can help you reinstate your home equity line of credit with an expert appraisal.

We Offer Field and Desktop Appraisal Review Services

Would you prefer a second opinion without the charge and delay of waiting for a whole new appraisal? Or do you need a professional to double-check your appraisal for accuracy? An appraiser from BNC Appraisal LLC can go out and check the subject and comps in question in a field review. If you need it ASAP, 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 typically requested by banks, you may want to exercise this service if you suspect mortgage fraud related to your home.