Need an appraisal in Foley or Benton County?

The top seven reasons MN homeowners use Advanced Appraisal:

To get a pre-listing appraisal (whether they're selling the home themselves or using a real estate agent)
To challenge a MN property tax assessment
Remove PMI to cut their mortgage payment
To reinstate their Home Equity Line of Credit (HELOC)
To review another appraiser's report for verification
In the case of a MN divorce, where real estate property needs to be divided
To determine the true market value of real estate in question to settle an estate in MN

Own a home in or near Foley, MN and need help determining the value of it?
Contact Advanced Appraisal.

We at Advanced Appraisal understand the unique needs of a customer after appraisal services. Our customary business clients get the appraisal process and the standard documents we provide. But as a general consumer,we'll be sure you get extra guidance and explanations through the appraisal process to understand what we do and how we present the results of our analysis.

Pre-listing Services/For Sale By Owner (FSBO)

Since you have an emotional attachment to your house, it's often very hard to be objective about it. Professional appraisers, like the ones at Advanced Appraisal, 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 a potential buyer, in addition to helping you set a realistic selling price so your property will attract many interested buyers. It's something concrete to show the buyer. An appraisal is an independent third party's opinion of your house's value -- not just you saying how much your home is worth. Interested buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to a professional appraiser's value judgement than yours.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. An attractive way to cut costs for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your property. In most cases you can apply to the lender to have the PMI removed from your loan. At Advanced Appraisal, we're qualified in helping homeowners just like you dismiss unnecessary PMI insurance.

Challenge Tax Assessment

Your local tax assessor may have your house overvalued if your house is not appreciating as much as other houses close by. This means you're most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better. An appraisal report from Advanced Appraisal is your chief weapon when contesting your property tax assessment.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender just might choose to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area. Not only can this be unsuitable from a cash flow angle, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. Advanced Appraisal can provide you with an expert appraisal that will help you reinstate your home equity line of credit.

We Also Provide Field and Desktop Appraisal Review Services

Have you just received a copy of your appraisal and you would wish to have a veteran appraiser double-check it for precision or do you want a second opinion without the added cost and delay of waiting for a whole new appraisal? An appraiser from Advanced Appraisal can go out and check the subject and comps in question in a field review. If you're in a rush, we'll provide you with a 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 had in the past. While typically requested by banks, you may want to use this service if you suspect mortgage fraud related to your house.