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USA Mortgage-Springfield

4.00(
1
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USA Mortgage-Springfield

4.00(
1
)
Customers say: Quality work
Recommended by 100% of Angi customers
Recommended by 100% of HomeAdvisor customers

USA Mortgage-Springfield is a branch office of USA Mortgage, a division of DAS Acquisition Company, LLC out of St Louis MO. Our branch employees 21 people with 10 loan officers and 11 support staff. We are in the heart of Springfield ready to serve you.

USA Mortgage-Springfield is a branch office of USA Mortgage, a division of DAS Acquisition Company, LLC out of St Louis MO. Our branch employees 21 people with 10 loan officers and 11 support staff. We are in the heart of Springfield ready to serve you.


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Property Appraiser questions, answered by experts

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

Yes, a tennis court can potentially add significant value to your home. The increase can be anywhere from $20,000 to $150,000.

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.

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

The Verona, MO homeowners’ guide to property appraisals

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