Why obtain an appraisal from Beschnett Appraisal, LLC?

Thousands of people in Minnesota buy, sell or refinance their home each year. A lot of these transactions have a simple line item for an appraisal. And while there are a developing number of automated home valuation processes that may seem more economical than an appraisal, practically all lenders still call in a local expert because the stakes are so high. But is obtaining a mortgage the only reason you should get an appraisal? Are there also situations when the services of a licensed, independent real estate professional might come in handy? Absolutely.


	If you're planning on any transaction where the value of your home is a factor, you should contact Beschnett Appraisal, LLC. Just click here.

Let Beschnett Appraisal, LLC help you challenge your tax assessment in Waseca County

It's possible you're paying too much in property taxes if you reside in an area where property values have declined. Property taxes are based upon a previous assessment of your home, so if prices are less than what they used to be in your neighborhood, you can challenge your assessment and save money. An appraisal from Beschnett Appraisal, LLC is your best evidence when building your case. At Beschnett Appraisal, LLC, we're qualified to assist you in challenging your tax assessment.

How can you do away with PMI to lower your mortgage payment?

Private Mortgage Insurance, or PMI, is an additional insurance plan that most lenders ask homeowners to purchase when the amount being loaned to the buyer is more than 80% of the actual value of the home. This additional payment is often bundled into the monthly mortgage payment and is soon forgotten. This is unfortunate because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to dismiss the PMI installments on most mortgages when the balance is paid down to 78% of the original value.

If you'd like to eliminate PMI, Beschnett Appraisal, LLC will provide you with a statement regarding the value of your home. The cost of the appraisal can usually be offset in little time because you'll no longer be paying the PMI.

An appraisal from Beschnett Appraisal, LLC will help you settle a divorce with less stress

A divorce can be a very traumatic ordeal for both parties, and it is often further complicated by the hard decision of who maintains the home. It's a good idea to order an appraisal from Beschnett Appraisal, LLC so both parties are completely aware of the true market value of their house, regardless of the situation.

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

Accurate and fair estate liquidation

The loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property 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 do not have dedicated estate planners or executors to handle these affairs, unlike many wealthy individuals. And seeing that a home or other property often makes up a disproportionate share of the total estate value, understanding the correct value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten an honest deal.

Let Beschnett Appraisal, LLC assist you in relocating to or from Waseca County

Moving due to a job change can be a more than just an inconvenience, and we understand. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our detailed process, we suggest relocating employees to provide remarks on the positive attributes of their property, as well as information regarding any new sales or listings in their area that they want considered.

Selling your home quickly at the right price

A professional appraisal will help you make a more informed decision when determining your selling price, whether you choose to sell your home on your own or use the assistance of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are calculated on our efforts to finish the appraisal report and and aren't related to the sales price.

On a daily basis, we determine the difference in value things like an additional bathroom or a kitchen remodel can make. Getting a professional appraisal is a reliable way to decide 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 - because we're experts in knowing how long houses stay on the market.