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Avatar for Raila & Associates PC
Raila & Associates PC
4.5(
13
)
Appraisal - Real Estate

Serving Ashmore, IL and surrounding areas

In business since 2013

Free estimates

Credit card accepted

"

I have used her service numerous times to have my assessment appealed on my house. The tax saved for 3 years of the assessment cycle with the second installment of my 2014 real estate tax bill is $2557.59. They are very professional and would recommend them to reduce your taxes. My brother who owns two apartment buildings also has used their services. Angie's List had a $50.00 coupon off of their services which reduced my fee to $291.04.


"
Affordable and Client-Friendly -- You Pay Only if Raila & Associates, P.C. is successful in winning tax relief.
Serving owners, taxpayers, property managers and developers of real estate in Chicago and Northern Illinois.
Raila & Associates, P.C., an Illinois law firm, has thousands of satisfied clients. THIS IS LEGAL SERVICES ADVERTISING.
Paula Raila, J.D., President
Thomas Thorson, J.D., Associate Counsel

+2

Recommended by83%of homeowners
Pat Casey Appraisals
5.0(
1
)
Appraisal - Real Estate

Serving Ashmore, IL and surrounding areas

In business since 2021

Free estimates

We pride our company on reliability, great communication, integrity, and quality work. We believe in giving our absolute best in all of our projects, no matter how big or small. You will find us to be competitively priced, with close attention to the details of each and every project. We are experts in our trade and will always keep you educated on your particular task or project. We look forward to earning your business, so please ask us for references.\n

Response time5 hrs
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

Costs depend on the property size, audit complexity, and whether additional testing (e.g., blower door) is included.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

The Ashmore, IL homeowners’ guide to property appraisals

From average costs to expert advice, get all the answers you need to get your job done.