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BAUER & BAUER AUCTIONEERS

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BAUER & BAUER AUCTIONEERS

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93 years of experience

Bauer Auction offers full auction & appraisal services. We have a Weekly Consignment Auction every Tuesday at our building in Mattoon, IL. We have a monthly Antique & Collectible auction the 2nd Sunday of Every month (except May on Mother's day, then we move it to the 3rd Sunday). We also have a traveling auction service that can auction full estates, businesses, real estate and large equipment on site.

Bauer Auction offers full auction & appraisal services. We have a Weekly Consignment Auction every Tuesday at our building in Mattoon, IL. We have a monthly Antique & Collectible auction the 2nd Sunday of Every month (except May on Mother's day, then we move it to the 3rd Sunday). We also have a traveling auction service that can auction full estates, businesses, real estate and large equipment on site.



Iowa Land Management and Real Estate Company

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Iowa Land Management and Real Estate Company

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42 years of experience

Farm management, real estate and appraisal services in Iowa, Minnesota, and Illinois. Current managers have over 30 yrs experience handling absentee landowners properties by essentially stepping into the shoes of the landowner, in consultation with the landowner/client.

Farm management, real estate and appraisal services in Iowa, Minnesota, and Illinois. Current managers have over 30 yrs experience handling absentee landowners properties by essentially stepping into the shoes of the landowner, in consultation with the landowner/client.

Property Appraiser questions, answered by experts

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

Property condition, comparables, market trends, and location influence appraisal.

In short, yes, a pond can add to your home’s value. However, whether it adds value will depend on the condition and aesthetic of your pond. Having this feature already built into a yard’s home can be appealing to homebuyers who value its aesthetic and would prefer not to build it themselves. But if it is not kept in good condition, it could turn buyers away.

The Alexis, IL homeowners’ guide to property appraisals

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