Attention homeowners in Fairfield and Jefferson County: Need an appraisal?

See the top 7 reasons IA homeowners use Libertyville Savings Bank:

  1. Get a pre-listing appraisal (whether they're selling the home themselves or using an agent)
  2. To challenge a IA property tax assessment
  3. Remove PMI to reduce their mortgage payment
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. Review another appraiser's report for verification
  6. If property needs to be divided because of a divorce
  7. Determine the true market value of property in question to settle an estate in Jefferson county or IA

Own a home in or near Fairfield, IA and need help determining the value of it?
Contact Libertyville Savings Bank.

We at Libertyville Savings Bank understand the unique needs of a customer in need of appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

Pre-listing Services/For Sale By Owner (FSBO)

It's very hard to be objective about your house because of your emotional attachment to it. Our professional appraisers at Libertyville Savings Bank are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is very important as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your home will attract many interested buyers. It's something concrete to show your buyer. An appraisal is an independent third party's opinion of your house's value -- not just how much you think your home is worth. Interested buyers assume that you have an emotional attachment to your house and will be far more likely to give credibility to a professional appraiser's value conclusion than yours.

Need to cancel PMI?

A popular money saver for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan is less than 80% of the value of your home. In most cases you can apply to a lender to have the PMI removed from your loan. We're seasoned in helping people just like you remove unneeded and unwanted PMI insurance.

Challenging a property tax assessment

Lets say your home is not appreciating as much as other properties nearby -- your local tax assessor may have your house overvalued. That only means you're most likely paying more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better off you'll be. An appraisal from Libertyville Savings Bank is your number one weapon when challenging your property tax assessment.

Was your HELOC recently frozen?

If your home is near a declining area, your lender might just choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be destructive to your credit score since it may appear as though that credit line is maxed out, and also troublesome from a cash flow point of view. An appraisal from Libertyville Savings Bank can help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Would you like a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you desire a professional to double-check your appraisal for verity? Libertyville Savings Bank offers field reviews where we go out and check the subject and comps. Or, if you need it immediately, we can provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.

Need a retrospective review of an appraisal report? We can help with that too. While typically requested by banks, you may want to exercise this service if you suspect mortgage fraud related to your property.