Attention homeowners: Real estate appraisal services for in Rochester and Olmsted County

Here are the top seven reasons why MN homeowners use Real Property Appraisals, LLC.:

  1. To get a pre-listing appraisal (whether you're using an agent or selling the home on your own)
  2. Challenge a property tax assessment
  3. Remove PMI to cut a monthly mortgage payment
  4. To reinstate their Home Equity Line of Credit (HELOC)
  5. Verify a different appraiser's report
  6. In the case of a MN divorce, when real estate needs to be divided
  7. Determine the true market value of real estate in question to settle an estate in MN

Do you own a house in or near Rochester? Do you need help deciding the value of your real estate?
Contact Real Property Appraisals, LLC..

At Real Property Appraisals, LLC., we understand the particular needs of a consumer seeking appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, attorneys, and accountants. But as a consumer,you'll receive extra guidance and explanations through the appraisal process to understand what we do and how we report our conclusions.

For Sale By Owner/Pre-Listing Services

Since you have an emotional attachment to your house, it's often very hard to be objective about it. The professional appraisers at Real Property Appraisals, LLC. will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a crucial negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your home will attract interested buyers. The appraisal is something concrete to show the buyer. The appraisal is an independent third party's opinion of your home's value, not just you saying how much your house is worth. Interested buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to an expert appraiser's value conclusion than yours.

Need to cancel PMI?

Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a preferred way to cut costs for homeowners. Once your mortgage loan is less than 80% of the value of your home, in most cases you can apply to a lender to have the PMI eliminated from your loan, which will make your monthly payments go down. Real Property Appraisals, LLC. is veterans in helping people just like you rid themselves of unneeded and unwanted PMI insurance.

Challenging Olmsted county's assessment of your property

Your local tax assessor may have your home overvalued if you live in an area that is going down or not appreciating as much as other houses close by. That only means you're paying more taxes than you should. The faster you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. When contesting your property tax assessment, getting an expert appraisal from Real Property Appraisals, LLC. is your number one weapon.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender just might decide to automatically freeze your home equity line of credit (HELOC) if your home is close to a declining area. This can this be troublesome from a cash flow viewpoint, and harmful to your credit score since it may appear as though that credit line is maxed out. Real Property Appraisals, LLC. can help you reinstate your home equity line of credit with efficient appraisal.

Need Field and Desktop Appraisal Review Services?

Do you need a seasoned appraiser to double-check your appraisal for preciseness, or do you need a second opinion without the added expense and delay of waiting for a whole new appraisal? Real Property Appraisals, LLC. offers field reviews where we'll go out and check the subject and comparables. Or, if you need it immediately, we can provide you with a 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? We can help with that too. Even though this is usually requested by banks, you may wish to utilize this service if you suspect mortgage fraud related to your property.