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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.1(
35
)
Appraisal - Real Estate

Serving Erhard, MN and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
Restaurant
Response time5 hrs
Response rate89%
1993 neighbors recently requested a quote
Steven M. Spaeth Appraisals
4.5(
2
)
Appraisal - Real Estate

Serving Erhard, MN and surrounding areas

Approved

In business since 1989

Credit card accepted

Customers say: Quick response

We're a well established business with over 40 years of unmatched expertise. Customer preference and priorities are always first. We're very timely with our work and never lose attention to detail. Steven M. Spaeth Appraisals has built a reputation for quality appraisals with each satisfied customer. Our sense of pride is apparent in every appraisal we complete. Call Steven M. Spaeth Appraisals today and we'll be there in your time of need.

Recommended by100%of homeowners
Property Appraiser questions, answered by experts

If you can’t find any records online, you’ll need to contact your county clerk’s office to do further research. They should have property records on file, or can at least point you in the right direction of who to contact. You can also speak with your neighbors about when their houses were built because they were likely built around the same time.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

You can be present during a home appraisal, but it’s best to stay out of the appraiser’s way. Make yourself available, but don’t engage or interrupt, and don’t discuss value or your target sales price. If possible, have your agent present in the house instead of being present yourself.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

The Erhard, MN homeowners’ guide to property appraisals

From average costs to expert advice, get all the answers you need to get your job done.