Attention homeowners in Maple Grove and Hennepin County: Get an Appraisal today!
The top seven reasons Minnesota homeowners order from Midwest Valuation, L.L.C.:
We at Midwest Valuation, L.L.C. understand the special needs of a consumer seeking appraisal services. Our business practices and reporting formats are familiar to our business clients like lenders, attorneys, and accountants. Being a person not in the real estate business that most likely doesn't look at appraisals every day, we'll be sure you get extra guidance and explanations through the appraisal process to more clearly understand what we do and how we present our findings.
For Sale by Owner (FSBO)/Pre-Listing ServicesIt's very hard to be objective about your home because you most likely have an emotional attachment to it. Professional appraisers, like the ones at Midwest Valuation, L.L.C., are objective. We will tell you what you need to know, not just what you want to hear. A professional appraisal is a very valuable negotiating tool once you have an interested buyer, in addition to helping you set a realistic selling price so your house will attract buyers. It's something tangible to show the buyer. It's an independent third party's opinion of your property's value, and not just you saying how much your home is worth. Potential buyers assume that you have an emotional attachment to your home and will be far more likely to give credibility to an experienced appraiser's value report than yours.
Challenge Tax AssessmentLet's say your house is not appreciating as much as other properties nearby -- your local tax assessor may have your house overvalued. This means you're probably paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of a matter like this, the better. When contesting your property tax assessment, getting an appraisal from Midwest Valuation, L.L.C. is your chief weapon.
Need to cancel PMI?PMI stands for Private Mortgage Insurance. A popular way to cut expenses for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is below 80% of the value of your property, in most cases you can apply to your lender to have the PMI removed from your loan, which will make your monthly payments go down. We are experienced in helping consumers just like you remove unnecessary PMI insurance.
HELOC recently frozen?If your house is near a declining area, your lender might make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be troublesome from a cash flow angle, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. Midwest Valuation, L.L.C. can help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?Have you just been given a copy of your appraisal and you would prefer to have a veteran appraiser double-check it for efficiency or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? Midwest Valuation, L.L.C. offers field reviews where we'll go out and check the subject and comparables in question. Or, if you're in a rush, we can provide desk review and verify as many facts as we can, using online data sources as well as our own files.
We can also provide a retrospective review of any appraisal report you may have in your possession. Even though most appraisal reviews are commissioned by lenders for quality control, homeowners suspecting a prior appraisal wasn't above board are wise to get a second opinion.