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TRUSTED BY SUMMIT, IL HOMEOWNERS

  • Average homeowner rating star icon4.7
    Average homeowner rating
  • Verified reviews icon50
    Verified property appraisals reviews

Find Property appraisers in Summit

Avatar for Chicagoland Valuation Group, Inc.
Chicagoland Valuation Group, Inc.
5.0(
7
)
Appraisal - Real Estate

Serving Summit, IL and surrounding areas

Approved

In business since 1997

Free estimates

Credit card accepted

"My experience with Chicagoland valuation Group Inc was 100% satisfactory. Once I put the request on Angi I got 3 calls from different agents and Tom understand my situation and how urgent I needed this appraisal. He was so understanding and friendly and was able to get the appraisal by the time line I needed for in a matter of 24hrs. So if you need an appraisal Tom is your go to guy I 100% recommend anyone to hire him. Thank you for your business."
Chicago (Wicker Park)
Response time6 hrs
Response rate87%
10 neighbors recently requested a quote
Avatar for MJ/Johnson Appraisals
MJ/Johnson Appraisals
4.7(
358
)
Appraisal - Real Estate

Serving Summit, IL and surrounding areas

Approved

Super Service Award Winner

In business since 2005

Customers say: True professional

"I was very pleased with Mr. Johnson's work. Mr. Johnson was punctual on the day of the appraisal. He came to my home and thoroughly inspected my property. He was very professional yet approachable. He answered all of my questions clearly. I would highly recommend this appraiser."
Response time5 hrs
16 neighbors recently requested a quote
Recommended by83%of homeowners
Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
3.9(
28
)
Appraisal - Real Estate

Serving Summit, IL and surrounding areas

Approved

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 time6 hrs
1974 neighbors recently requested a quote
Recommended by16%of homeowners
Avatar for JB Appraisals, Inc.
JB Appraisals, Inc.
4.2(
12
)
Appraisal - Real Estate

Serving Summit, IL and surrounding areas

Approved

In business since 2007

Free estimates

Customers say: Terrific value

"John with JB Appraisals is totally top of the line! My time and money was well-spent. John arrived promptly and performed a thorough and professional appraisal. I was thrilled with John s speed and accuracy, since he delivered the appraisal to the bank even faster than initially estimated. John is very knowledgeable and took the time to answer all my questions. It was a pleasure doing business with him. I will not hesitate to use John again, and HIGHLY recommend him to anyone getting a residential real estate appraisal."
Response time3 hrs
Recommended by88%of homeowners
Avatar for Book Value Appraisals
Book Value Appraisals
5.0(
1
)
Appraisal - Real Estate

Serving Summit, IL and surrounding areas

Approved

In business since 2015

Free estimates

Credit card accepted

Locally owned and operated real estate appraisal firm serving central and northeastern Illinois. We are experienced with all types of residential appraisals including single family units, 2-4 unit income properties, condominium, land appraisals, pre-listings, estate appraisals, bankruptcy and assessor related services, and more. Our priority is a high quality appraisal delivered in a quick turn around. Please call for availability outside of listed business hours.

Response time12 hrs
MJ Appraisals
5.0(
6
)
Appraisal - Real Estate

Serving Summit, IL and surrounding areas

In business since 1985

Free estimates

My name is Michael Johnson, and I am a certified home appraiser for over thirteen years in the state of Illinois. I am also a real estate broker in the state of Illinois, for over twenty five years servicing all of your real estate need's. I would like to service you in the best and professional way possible. I do single family and up to four unit properties. Please call me at any time to set appointment.

Recommended by100%of homeowners
Avatar for AnDel Appraisals
AnDel Appraisals
5.0(
5
)
Appraisal - Real Estate

Serving Summit, 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%
Showing 1-10 of 48
Property Appraiser questions, answered by experts

Yes, awnings can add value to a home, primarily by boosting its curb appeal and providing more usable outdoor space. While the exact monetary return on investment depends on the awning's size, style, and quality, they offer an excellent appeal factor to potential buyers. For example, an awning with a trendy metal roof can be particularly attractive. Even if the direct increase in resale value is modest, a well-chosen awning enhances the home's functionality and aesthetic.

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.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

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.

The Summit, IL homeowners’ guide to property appraisals

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