Getting an appraisal from Juntunen Appraisal Services

Thousands of people in Minnesota purchase, sell or refinance their home every year. A lot of these transactions contain a simple line item for an appraisal. Almost all lenders still call for a local expert because the stakes are very high, even though there are a budding number of automated home valuation methods that may seem cheaper than an appraisal. But is obtaining a mortgage the only basis for getting an appraisal? Are there other cases when the services of a licensed, independent real estate professional could come in handy? You bet.

For real estate appraisals in Cloquet and Carlton County, it's easiest when your order online from Juntunen Appraisal Services, just click here.

Let Juntunen Appraisal Services help you dispute your tax assessment in Carlton County

It's likely you're paying too much in property taxes if you reside in an area where property values have depreciated. Property taxes are determined by a past assessment of your house, so if values have declined in your neighborhood, you can challenge your assessment and save money. An appraisal from Juntunen Appraisal Services is your best evidence when building your case. We're capable of assisting you in appealing your tax assessment.

Let Juntunen Appraisal Services assist you in lowering your mortgage payment

When the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate, almost all lenders ask home buyers to buy an supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the added payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to eliminate the PMI installments on most mortgages when the balance is paid down to 78% of the original value.

Juntunen Appraisal Services can provide you with a statement regarding the value of your home, and the cost of the appraisal can often be regained in just a few months because you'll no longer be paying the PMI.

Divorce settlement with less stress

A divorce is an especially daunting event for the parties involved, and it is often more complicated by the strenuous decision of who maintains the property. Regardless of the situation, it's prudent to get an appraisal from Juntunen Appraisal Services so both parties are entirely aware of the true market value of their house.

If the parties want to sell the home, they'll have a a good idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.

Accurate and fair estate liquidation with Juntunen Appraisal ServicesSettling an estate

The loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the residential property involved. We ensure the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to take care of these matters. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the certain value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received a fair deal.

Relocating to or from Carlton County?

Employee relocation is a more than just an inconvenience. We know where you're coming from! That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive features of their property, as well as information about any new sales or listings in their neighborhood that they want considered during our thorough process.

Don't sell out short or keep your home on the market too long.

A professional appraisal will help you make a more informed decision regarding your asking price, whether you want to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. The price we charge isn't a percentage of the sales price, but rather they are calculated on our efforts to complete the appraisal.

On a daily basis, we determine the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long homes stay on the market. So, obtaining a professional appraisal is a trusted way to determine what improvements will add value and what an applicable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time.