Real estate appraisal services for homeowners in the city of Prior Lake and Scott County
See the top 7 reasons why MN homeowners order from S. Peters and Associates, Inc:
Need help determining the value of your home in or near Prior Lake, MN?
At S. Peters and Associates, Inc, we understand the individual needs of a customer looking for appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
It's very hard to be objective about your own home because you most likely have an emotional attachment to it. Professional appraisers, like the ones at S. Peters and Associates, Inc, are objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is very valuable as a negotiating tool once you have an interested buyer, in addition to helping you set a realistic price to sell at so your home will attract buyers. The appraisal is something tangible to show the buyer. An appraisal is an independent third party's opinion of your house's price -- not just you saying how much you think your house is worth. Interested buyers assume that you have an emotional attachment to your home and will be more likely to give credibility to an accomplished appraiser's value opinion than yours.
Appraisals to remove PMI
A preferred money saver for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan is down below 80% of the value of your home, in most cases you can apply to a lender to have the PMI canceled from your loan, which will make your monthly payments go down. At S. Peters and Associates, Inc, we're experienced in helping consumers just like you rid yourselves of unneeded PMI insurance.
Challenge a property tax assessment
If you live in an area that is going down or not appreciating as much as other homes nearby, your local tax assessor may have your house overvalued. That means you are most likely paying more taxes than you should. The quicker you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. An appraisal from S. Peters and Associates, Inc is your perfect weapon when contesting your property tax assessment.
Recently got a freeze your HELOC?
Even if your specific property has not declined in value, your lender might choose to automatically freeze your home equity line of credit (HELOC) if your house is close to a declining area. This can be be destructive to your credit score since it may appear as though that credit line is maxed out, and also inconvenient from a cash flow angle. S. Peters and Associates, Inc can help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Would you wish a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you desire a seasoned professional to double-check your appraisal for precision? An appraiser from S. Peters and Associates, Inc can go out and check the subject and comparables in a field review. Or, if you need it in a rush, we can provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.
Do you need a retrospective review of an appraisal report? S. Peters and Associates, Inc can help you with that. Even though this is typically requested by banks, you may want to use this service if you suspect mortgage fraud related to your home.