Why would you need an appraisal from R.A. Field and Associates?

To many, an appraisal is simply another fee in the long list of items for a home sale or refinance. And while there are a developing number of automated home valuation methods that may seem more prudent than an appraisal, almost all lenders still need a local expert because the stakes are incredibly high. But is obtaining a mortgage the only reason you should get an appraisal? Are there other cases when the services of a licensed, independent real estate professional could be beneficial? Of course there are.


	Order appraisals online from R.A. Field and Associates by simply clicking here.

Challenge your tax assessment in Anoka County

It's likely you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are based upon a past assessment of your house, so if prices have declined in your area, you can appeal your assessment and save money. When building your case, an appraisal from R.A. Field and Associates is your best evidence. We're qualified to assist you in appealing your tax assessment.

Eliminating PMI will lower your mortgage payment

Private Mortgage Insurance, or PMI, is a supplemental insurance policy that most lenders ask home buyers to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the real estate. Very often, this added payment is lumped into the monthly mortgage payment and is soon forgotten. This is unfortunate because PMI is unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met.

R.A. Field and Associates will give you a statement regarding the value of your home, and the cost of the appraisal can usually be regained in a short amount of time because you'll no longer be paying the PMI.

An appraisal from R.A. Field and Associates will help you settle a divorce with less stress

A divorce is often complicated by the troublesome decision of who gets the property, and it can be an especially traumatic ordeal for both parties. Regardless of the circumstances, it's prudent to order an appraisal from R.A. Field and Associates so both parties are entirely aware of the true market value of their house.

If the parties need to sell the home, they'll have a a good idea 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.

Accurate and fair estate liquidation with R.A. Field and AssociatesSettling an estate

The loss 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 Market Value for the real estate involved. We guarantee the highest 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 issues, unlike wealthy individuals. A home or other property often makes up an unequal share of the total estate value, so knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received an honest deal.

Let R.A. Field and Associates assist you in relocating to or from Anoka County

Moving due to a job change is a stressful event. We know where you're coming from. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive aspects of their property, as well as information regarding any new sales or listings in their neighborhood that they want considered during our intensive process.

Selling your home quickly at the right price

Whether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision regarding your asking price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't contingent upon the value opinion we render, but rather they are calculated on our efforts to complete 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, obtaining a professional appraisal is a trusted way to determine 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.