Here are a few things to note about the appraisal process. 

 

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As per usual, we at the Sohail Real Estate Group have just put another awesome property under contract—this time in the highly desirable area of Skokie. We’re here today to meet the bank for their appraisal, and we’ve already prepared some necessary information for them, like an overview of the comparable properties in the neighborhood to gauge what has sold here and what’s still active on the market. Overall, appraisers look at three criteria:

  • Location
  • Condition
  • School district, then kitchen, bath, etc.—basically, the big-items of the home

If you have additional questions about the appraisal process or what living in Skokie looks like, feel free to call or email us. We'd love to speak with you.