Valuing Real Estate When Refinancing a Home Loan When homeowners consider refinancing their mortgage, one of the most important steps in the process is valuing real estate accurately. The property’s appraised value plays a direct role in determining whether a refinance makes sense, what loan terms you may qualify for, and how much equity you … Read more
How Long are Property Appraisals Valid in Chicago? When buying, selling, or refinancing a home in Chicago, one of the most common questions homeowners and buyers ask is: How long is my property appraisal valid? The answer isn’t always straightforward, but generally, a property appraisal is considered valid for 90 days. However, depending on the lender, loan type, … Read more
What Services Are Included in a Standard Home Appraisal Package? When buying, selling, or refinancing a property, one of the most important steps is getting a home appraisal. But what exactly does a standard appraisal package include, and what can homeowners in the Chicago marketplace expect? Core Services in a Home Appraisal A typical home … Read more
Why You Need Estate Valuation Services: Legal and Practical Reasons When it comes to handling the financial affairs of an estate, accuracy is not just helpful—it’s legally required. Whether you are managing the estate of a loved one, planning your own legacy, or dealing with inheritance tax matters, estate valuation services provide the professional expertise … 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
Refinancing Resurgence: The Strategic Role of Home Equity Valuation Services After several years of elevated borrowing costs, mortgage rates are beginning to ease, sparking renewed interest in refinancing. According to the Mortgage Bankers Association, overall mortgage applications jumped nearly 11% last week, while refinancing activity surged 23% as homeowners moved quickly to capitalize on lower … Read more
What July’s Chicago Home Sales Tell Us About Real Estate Valuation and Advisory Services Summer is often one of the busiest times for Chicagoland real estate, with buyers eager to move before school starts and sellers aiming to catch the season’s peak demand. July 2025 was no exception—bringing a mix of strong prices, quick sales, … Read more
Find Trusted Home Appraisals Near Me – Now Serving Chicagoland’s Top Communities If you’ve been searching online for “home appraisals near me,” you’re likely looking for a certified, local expert who knows the ins and outs of your neighborhood. At Real Valuation Services, we specialize in accurate, timely home appraisals throughout the Chicagoland area, from … Read more
Unlocking Property Value: The Friendly Guide to Real Estate Appraisers in Illinois Navigating the Illinois real estate market? Whether you’re buying, selling, or refinancing, understanding your property’s value is key—and that’s where real estate appraisers in Illinois come in. These licensed professionals offer unbiased, data-backed evaluations that help you make confident real estate decisions. In … 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