Accurate, dependable Real Estate Appraisal Services in DuPage County and surrounding areas. For years, mortgage lenders and consumers have depended on Sutherland Appraisal Services, Inc. to provide high-quality value estimates on a wide variety of homes in throughout the Chicagoland suburban areas.
By continuously analyzing local real estate trends and staying current on valuation techniques through accredited courses, we've been consistently able to produce reliable home valuations for people just like you. Our investment in technology results in quicker appraisals for our clients and lower costs for me (and subsequently you).
By continuously analyzing local real estate trends and staying current on valuation techniques through accredited courses, we've been consistently able to produce reliable home valuations for people just like you. Our investment in technology results in quicker appraisals for our clients and lower costs for me (and subsequently you).
Services
Settling an estate is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as swiftly and exactly as possible. You can count on us to act quickly and with sensitivity to the feelings of everyone involved. Attorneys and Accountants rely on our values when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property.
Finalizing a divorce involves many decisions, including "Who gets the house"? There are generally two options regarding the house - it can be sold and the proceeds divided, or one party can "buy out" the other. In either case, one or both parties should order an appraisal of the residence. Divorce appraisals require a well supported, professional appraisal that is defensible in court.
We all know them. The guys with pounds of silicon hanging from their belts. Every new gadget that has hit the market in the past 10 years has done time around their waist. Call them geeks. Call them nerds. Call them what you will, but by all means, give them your appraisal business. Why? I'm glad you asked.
Real estate lenders are a funny lot. It seems they're happy to lend anybody money. Assuming a half-way decent credit rating, any potential home buyer can secure a loan for a house. Why? Because these transactions are secured by a very valuable asset: the home itself.
If a borrower defaults on a loan, the risk for the lender is often only the difference between the value of the home and the amount outstanding on the loan, less the amount it costs them to foreclose and resell the property.For this reason, lenders are very wary of lending more than a certain percentage of a home's value.
If a borrower defaults on a loan, the risk for the lender is often only the difference between the value of the home and the amount outstanding on the loan, less the amount it costs them to foreclose and resell the property.For this reason, lenders are very wary of lending more than a certain percentage of a home's value.
Compare Rates - See how changes in your rate affect your payment for a given principal and term. Balloon Payment - A balloon mortgage can reduce your monthly payments but may require refinancing at the end of the term. Interest Only - Compare monthly payment amounts for an interest-only mortgage and a principal-interest mortgage.
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Alisha Miller
Feb 28, 2021
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