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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

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

The cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

The condition and appearance of your yard can affect your home appraisal value. A well-maintained, attractive yard with curb appeal adds to a property’s value, while an overgrown, messy, poorly maintained yard can hurt your home’s appraisal. Even small cosmetic improvements to your yard, like adding mulch, trimming trees, and cleaning out plant beds, can help your appraisal value.

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

The Stronghurst, IL homeowners’ guide to property appraisals

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