Attention homeowners: Real estate appraisal services for in New Ulm and Brown County

Check out the top 7 reasons why MN homeowners use David Hammerschmidt:

  1. Get a pre-listing appraisal (whether they're selling the home themselves or using an agent)
  2. Challenge property tax assessments
  3. To cut your monthly mortgage payment by removing PMI
  4. Reinstate their Home Equity Line of Credit (or HELOC)
  5. Review a different appraiser's report for verification
  6. In the case of a MN divorce, where property needs to be divided
  7. To settle an estate in Brown county or MN by determining the true market value of real estate in question

Need help deciding the price of your home in or near New Ulm, MN?
Contact David Hammerschmidt.

At David Hammerschmidt, we understand the individual needs of a consumer looking for appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like lenders, lawyers, and accountants. But as a general consumer,you can expect extra guidance and explanations through the appraisal process to better understand what we do and how we report the results of our analysis.

Pre-listing Services/For Sale By Owner (FSBO)

It's very hard to be objective about your home because of your emotional attachment to it. The professional appraisers at David Hammerschmidt will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic selling price so your home will attract many interested buyers, a professional appraisal is very important as a negotiating tool once you have an interested buyer. It's something tangible to show your buyer. It's an independent third party's opinion of your house's value, and not just you saying how much you think your home is worth. Potential buyers know you have an emotional attachment to your home and will be far more likely to give credibility to a qualified appraiser's value estimation than yours.

PMI Removal Appraisals

PMI stands for Private Mortgage Insurance. An attractive money saver for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is less than 80% of the value of your property, in most cases you can apply to a lender to have the PMI removed from your loan, which will make your monthly payments go down. David Hammerschmidt is veterans in helping people just like you rid yourselves of unwanted and unneeded PMI insurance.

Challenging property tax assessments

Lets say your home is not appreciating as much as other houses close by -- your local tax assessor may have your house overvalued. That only means you are probably paying more taxes than you should. Since your property assessment may likely go up again in the next period, the sooner you take care of a matter like this, the better. An appraisal from David Hammerschmidt is your number one weapon when contesting your property tax assessment.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender may just make the decision to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area. Not only can this be disadvantageous from a cash flow standpoint, but it can be destructive to your credit score since it may appear as though that credit line is maxed out. David Hammerschmidt can help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Have you just received a copy of your appraisal and you would wish to have a seasoned expert double-check it for precision or do you need a second opinion without the cost and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comparables in question. Or, if you need it immediately, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.

Need a retrospective review of an appraisal report? We can help with that too. While usually requested by banks, you may want to take advantage of this service if you suspect mortgage fraud related to your house.