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The Role of Appraisals in Divorce and Legal Disputes Involving Commercial Property

The Role of Appraisals in Divorce and Legal Disputes Involving Commercial Property

January 5, 2025 Mark Whitsitt

In the high-stakes world of divorce and commercial property disputes, a single number can make or break a case. That number? The appraisal...

Tax Assessment vs. Appraisal Value in Illinois: What Every Property Owner Must Understand

Tax Assessment vs. Appraisal Value in Illinois: What Every Property Owner Must Understand

November 11, 2024 Mark Whitsitt

A tax assessment is a government-assigned figure used to calculate your property tax bill. An appraisal is an independent, licensed valuation...

Is Your Commercial Property Overvalued? How to Challenge a Tax Assessment with a Professional Appraisal

Is Your Commercial Property Overvalued? How to Challenge a Tax Assessment with a Professional Appraisal

November 11, 2024 Mark Whitsitt

Imagine getting a hefty property tax bill based on a valuation that’s way off the mark. For many business owners, it’s a reality. The good...

How to Ensure You’re Not Underinsuring Your Central Illinois Home: 8 Expert Tips

How to Ensure You’re Not Underinsuring Your Central Illinois Home: 8 Expert Tips

October 11, 2024 Mark Whitsitt

Many homeowners in Central Illinois might not realize they're underinsured. This common issue can lead to big problems if disaster...

Understanding the True Value of Your Central Illinois Home: 8 Steps to Better Insurance Coverage

Understanding the True Value of Your Central Illinois Home: 8 Steps to Better Insurance Coverage

October 11, 2024 Mark Whitsitt

Owning a home in Central Illinois comes with many responsibilities. One of the most important is ensuring you have the right insurance coverage to...

The Risks of DIY Home Valuations vs. a Professional Appraisal

The Risks of DIY Home Valuations vs. a Professional Appraisal

September 17, 2024 Mark Whitsitt

Homeowners who value their own property risk missing condition issues, misreading local market data, and letting emotional attachment inflate the...

The Essential Guide to Home Appraisals: 7 Things Every Homeowner Should Know Before Selling

The Essential Guide to Home Appraisals: 7 Things Every Homeowner Should Know Before Selling

September 17, 2024 Mark Whitsitt

Home appraisals play a key role in buying, selling, and refinancing properties. They give an unbiased estimate of a home's value based on many...

How to Talk to a Home Appraiser Without Compromising the Appraisal

How to Talk to a Home Appraiser Without Compromising the Appraisal

August 12, 2024 Mark Whitsitt

Homeowners who pressure an appraiser toward a target value — through comparisons to a neighbor's sale, a Zillow estimate, or a second appraisal...

Negotiation Tips: How to Get Sellers to Lower Prices After an Appraisal – Effective Strategies for Buyers

Negotiation Tips: How to Get Sellers to Lower Prices After an Appraisal – Effective Strategies for Buyers

August 9, 2024 Mark Whitsitt

Buying a home can be tricky, especially when the appraisal is lower than expected. This circumstance often leaves buyers wondering how to proceed...