Most Appraisals & Assoc in Hastings do appraisals for diverse purposes

Thousands of people in Minnesota purchase, sell or refinance their home every month. Many of these transactions include a simple line item for an appraisal. Most lenders still want a local expert because the stakes are so high, even though there are a multiplying number of automated home valuation methods that might appear more prudent than an appraisal. But is getting a mortgage the only reason you should get an appraisal? Are there additional situations when the services of a certified, independent real estate professional could come in handy? Of course there are.


	When you're planning on any transaction where the value of your property is a factor, you should contact Most Appraisals & Assoc. Just click here

Appeal your tax assessment in Dakota County

It's possible you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are based upon a previous assessment of your house, so if prices have declined in your neighborhood, you can appeal your assessment and save money. An appraisal from Most Appraisals & Assoc is your best evidence when building your case. At Most Appraisals & Assoc, we're equipped to assist you in appealing your tax assessment.

Removing PMI will lower your mortgage payment

Private Mortgage Insurance, or PMI, is a supplemental insurance policy that almost all lenders ask homeowners to buy when the amount being loaned to the home owner is more than 80% of the actual value of the real estate. More often than not, this extra payment is folded into the monthly mortgage payment and is promptly forgotten. PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress that requires lenders to remove the PMI payments when the balance is paid down to 78% of the original value.

Most Appraisals & Assoc will produce a statement regarding the value of your home, and the expense of the home valuation can usually be offset in little time because you'll no longer be paying the PMI.

Divorce settlement with less stress

A divorce can be an especially traumatic experience for both parties, and it is often further complicated by the troublesome decision of who gets the property. It's a good idea to order an appraisal from Most Appraisals & Assoc so both parties are completely aware of the true market value of their property, regardless of the situation.

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

Settling an estate with peace of mind

Losing a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the real estate involved. We guarantee the fullest 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 manage these affairs, unlike wealthier individuals. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten a fair deal.

Relocating to or from Dakota County?

We understand the stress involved with an employee relocation. We take great care in establishing an accommodating appointment time for the appraisal inspection. During our intensive process, we suggest employees that are moving to provide input on the positive attributes of their property, along with information regarding any recent sales or listings in their area that they want considered.

Don't sell out short or keep your home on the market too long.

A professional appraisal will help you make a better educated decision regarding your selling price, whether you decide to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. The price we charge isn't contingent upon the value we report, but rather they rest on our efforts to finish the appraisal.

On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long homes are on the market. So, seeking a professional appraisal is a trusted way to decide what improvements will add value and what an appropriate sales price is for your home so you don't come up short or have your house on the market too long, costing you time and money.