Rising Equity in Chicago: How a 2025 Appraisal Could Help You Cancel Private Mortgage Insurance (PMI) If you bought a home in Chicago with less than 20% down, there’s a good chance you’re still paying Private Mortgage Insurance (PMI) every month. What many homeowners don’t realize is that rising home values across the Chicago area … Read more
Can a High Appraisal Eliminate PMI in Chicago? If you’re a homeowner in Chicago or its surrounding suburbs, you may be wondering: can a high appraisal eliminate PMI? The answer is yes — in many cases, a strong home appraisal can be the key to removing private mortgage insurance (PMI) and lowering your monthly payments. … Read more
Did You Know? Over 125,000 Property Appraisals Are Completed in Chicago Each Year Every year, thousands of property appraisals are conducted across Chicago—and the demand continues to rise each year. From mortgages and refinancing to tax reassessments and estate settlements, valuation services play a central role in the Chicago area real estate ecosystem. How Many … Read more
Are you looking for property appraisals in the Chicago area or searching for “property appraisals near me”? Whether you’re buying, selling, refinancing, or simply curious about your property’s value, understanding the appraisal process is key to making smart real estate decisions. Appraisals play a vital role in determining market value, especially in dynamic markets like … Read more
If you purchased a home in the Chicago area with less than 20% down, you’re likely paying Private Mortgage Insurance (PMI). While PMI protects lenders, it’s an added monthly cost for homeowners—often several hundred dollars. The good news? A local real estate appraiser can help you remove PMI sooner by documenting increased equity in your … Read more