Reasons someone would hire Appraisal Services Of Minnesota, Inc.

To many, an appraisal is simply a line item on the settlement sheet for a mortgage or refinance. And even though there are a developing number of automated home valuation methods that may appear more cost-effective than an appraisal, nearly all lenders still want a local expert because the stakes are so high. But is obtaining a mortgage the only reason to acquire an appraisal? Are there more times when the services of a licensed, independent real estate professional might be beneficial? You bet there are.


	If you're planning on any transaction where the value of your real estate is a factor, you should contact Appraisal Services Of Minnesota, Inc.. Just click here.

Appeal your tax assessment in Stearns County

If you live in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Appraisal Services Of Minnesota, Inc. is your best evidence. At Appraisal Services Of Minnesota, Inc.,we can assist you in disputing your tax assessment.

How can you eliminate PMI to lower your mortgage payment?

When the amount being loaned to the homebuyer is more than 80% of the actual value of the home, most lenders ask homebuyers to buy an added insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the additional payment is usually bundled into the monthly mortgage payment, it is often forgotten. PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfortunate. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.

If you'd like to get rid of PMI, Appraisal Services Of Minnesota, Inc. can give you a statement regarding the value of your home. The expense of the appraisal can generally be regained in little time because you'll no longer be paying the PMI.

Divorce settlement with less stress

A divorce is often complicated by the challenging decision of who maintains the house, and it can be a very heartbreaking ordeal for both parties. So both parties are entirely aware of the true market value of their property, it's a good idea to get an appraisal from Appraisal Services Of Minnesota, Inc., regardless of the circumstances.

If the parties need to sell the home, they'll have a clearer picture of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.

Trustworthy estate liquidation

The death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the real estate involved. We guarantee the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Most Americans don't have dedicated estate planners or executors to take care of these affairs, unlike many wealthy individuals. A home or other property often makes up a disproportionate share of the total estate value, so understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received a fair deal.

Let Appraisal Services Of Minnesota, Inc. assist you in relocating to or from Stearns County

Moving due to a job change is a more than just an inconvenience, and we understand. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive attributes of their property, along with information regarding any new sales or listings in their neighborhood that they want considered during our intensive process.

Let Appraisal Services Of Minnesota, Inc. help you sell your home quickly at the right price

Whether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a more informed decision when determining your selling price. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. Our fees depend on our efforts to complete the appraisal report and and aren't related to the sales price.

We analyze the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long properties stay on the market. So, obtaining a professional appraisal is a reliable way to determine what improvements will add value and what a suitable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time.