FAQs

Tyke Appraisals

  • How long does the appraisal process take?

    The appraisal process typically requires up to 5 calendar days. This duration encompasses the on-site property inspection and the subsequent preparation of the appraisal report.
  • What factors do appraisers consider?

    Appraisers evaluate multiple aspects including the property's location, size, condition, and specific features. They also analyze recent sales of comparable properties, current market trends, and any improvements made to the property.
  • How should I prepare my property for an appraisal?

    To prepare for an appraisal, ensure your property is clean and in good repair. Compile a list of recent upgrades or improvements, and have relevant property documents readily available for the appraiser's review.
  • Who uses home appraisals?

    Home appraisals are utilized by various parties including homeowners, real estate professionals, lending institutions, legal representatives, and investors. They are essential for property transactions, refinancing, legal proceedings, tax appeals, estate valuations, and divorce settlements.
  • Are your appraisals recognized by lenders?

    Indeed, our appraisals are widely accepted. Our appraisers meet the standards set by FHA, conventional lenders, and private financial institutions, ensuring our reports are valid for financing purposes.
  • How much does an appraisal cost?

    Appraisal fees vary based on the property's type, size, and complexity. For an accurate, same-day estimate tailored to your specific property, please reach out to us via our contact form.
  • How do I schedule an appraisal?

    Scheduling an appraisal is straightforward. You can either use our online form or call our office directly. We'll arrange a suitable time and provide guidance throughout the appraisal process.
  • What areas do you serve?

    Our company is headquartered in Chicago, and we provide appraisal services throughout Cook, DuPage, and Lake Counties.
  • Do you provide appraisal for legal matters?

    Yes, we offer court-ready and litigation appraisal reports. These are suitable for various legal scenarios including divorce proceedings, estate planning, tax appeals, bankruptcy cases, death-related matters, investment purposes, and pre-listing valuations.