Residential Appraisal Services Chicago 

Residential Appraisal Services Chicago

Whether as part of the home-buying process or for separate reasons, getting a home appraisal may very well be something that’s required at some point in your life as a homeowner. At Allstate Appraisal, we offer superior residential appraisal services, Chicago. For all of your home appraisal needs, please reach out to our residential home appraisal office directly today. 

Why You Need Residential Appraisal Services

You may require residential appraisal services as part of the homebuying process. Indeed, a residential appraisal is required by lenders to determine the value of a home before a lender will issue a loan. Usually, the appraisal will be paid for by the buyer, not the seller.

In addition to requiring an appraisal as part of the residential real estate process, a homeowner may also require a residential appraisal when:

• You are refinancing
• You are seeking a new line of credit
• You want to take out equity on your home
• You are thinking about a remodel and want to know how your home compares to others in your area
• You are getting ready to sell and want to have your home appraised first so you know how to price it 

A residential appraisal can be informative and help you to make knowledgeable decisions about your home. 

Our Residential Appraisal Services Chicago

At Allstate Appraisal, we maintain a thorough residential appraisal process that delivers accurate results. Here’s the Allstate Appraisal appraisal process:

• The order is placed and assigned. The first step in the process involved our team receiving a client’s residential appraisal order and then assigning the right appraiser for the job. We’ll choose a team member who is experienced in residential real estate and has been working in a similar area. 
• The draft report is created and reviewed. Once the draft report is created, it will be reviewed by our review appraiser. If any defects are noticed, it will be sent back for revision. We’ll keep the client updated throughout this process. 
• The revised report is reviewed. Once the draft report has been corrected, it will be reviewed again—this time by our Chief Appraiser, who will ensure that it meets the scope and adheres to all standards. 
• Report is released. The appraisal report will be released to the client. We will review it and answer any questions at this time.
• Formal rebuttal process. We maintain a thorough rebuttal process in place. In the event that the appraisal is challenged, we will be prepared to defend our work. 

Contact Allstate Appraisal Directly Today

There are numerous reasons why you may require a residential real estate appraisal in the Chicago area. When you do need an appraisal, getting an appraisal from a company with a track record of success is important—it’s essential that your appraisal is accurate. At Allstate Appraisal, we have been offering residential appraisal services Chicago for years and always maintain best practices and meet all professional appraisal standards. To learn more about our appraisal services and how we can help you, reach out to our team today by phone or online at your convenience.