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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.1(
35
)
Appraisal - Real Estate

Serving Harvard, IL and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
Restaurant
Response time5 hrs
Response rate89%
1993 neighbors recently requested a quote
Avatar for AnDel Appraisals
AnDel Appraisals
5.0(
5
)
Appraisal - Real Estate

Serving Harvard, IL and surrounding areas

In business since 2014

Free estimates

Emergency services offered

AnDel Appraisals is one of the most reputable companies for getting a home appraisal in Chicago IL. Our team consists of licensed home appraisers with over 23 years of experience in the Chicago real estate market. We have completed thousands of home appraisal reports and maintained great relationships with every client. Moreover, we have been placed on the panel of some of the largest banks in the country. We take pride in our ability to provide same-day quotes and a quick turnaround time of 3 days. Call us today for a free quote on your next home appraisal.

Response time10 hrs
Response rate85%
Avatar for Jeff Kropp-The Home Buyer Agents
Jeff Kropp-The Home Buyer Agents
4.7(
43
)
Appraisal - Real Estate

Serving Harvard, IL and surrounding areas

In business since 2001

Free estimates

Emergency services offered

"Jeff was extremely professional and well informed. I was buying a property in Chicago, Il, however I live in California, so his help was extremely valuable during the process of purchasing. He was able to guide me and negotiate a reasonable price for my condo as well as help direct me through the Chicago buying process. He was always responsive and provided details I would never have thought of. I recommend him highly! Thank you, Jeff!"
Chicago and Burbs
Clients All Over Suburbs
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+3

Recommended by100%of homeowners
Avatar for Fundamental Property Management
Fundamental Property Management
4.3(
37
)
Appraisal - Real Estate

Serving Harvard, IL and surrounding areas

In business since 2006

Free estimates

Emergency services offered

"We rented from Fundamental Property Management two years ago and could not be happier with the level of responsiveness and professionalism we have received. When we were moving in we asked if additional cleaning could be done, I simply wasn’t satisfied with the previous tenants attempt, and they immediately jumped into action. When the dishwasher broke we had an instant response from the company and waited the normal amount of time for a replacement. They purchased a quality unit which to me says they care about the longevity of their appliances and care for the needs of their tenants. Thank you Fundamenal Property Management for your care and time with our needs!"
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+3

Recommended by80%of homeowners
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Harvard, IL and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Office staff is always available for help. No job is too small or too big. They are responsive to our needs for service requests from roofing to foundations. All aspects of home repairs have been done professionally and in a timely manner. I would recommend Marketplace Homes for all your property management needs regarding property repairs and maintenance."
Recommended by77%of homeowners
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Property Appraiser questions, answered by experts

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

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.

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

The Harvard, IL homeowners’ guide to property appraisals

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