Attention homeowners: Real estate appraisal services for in Rogers and Hennepin County
Check out the top 7 reasons why MN homeowners hire EKJ Appraisals:
Do you own a house in or near Rogers? Do you need help deciding the price of your real estate?
We at EKJ Appraisals understand the individual needs of a homeowner after appraisal services. While our usual clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
Pre-listing Services/For Sale By Owner (FSBO)
Since you have an emotional attachment to your own house, it's often very hard to be objective about it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is a very important negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your property will attract many interested buyers. The appraisal is something tangible to show the buyer. An appraisal is an independent third party's opinion of your house's value -- not just how much you think your home is worth. Potential buyers know you have an emotional attachment to your home and will be more likely to give credibility to an experienced appraiser's value report than yours.
PMI Removal Appraisals
A popular way to save money for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan is down below 80% of the value of your property. In most cases you can apply to a lender to have the PMI eliminated from your loan. We're experienced in helping customers just like you delete unneeded and unwanted PMI insurance.
Challenge a property tax assessment
Your local tax assessor may have your home overvalued if you live in a local area that is going down. That means you're most likely paying more taxes than you should. The faster you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. An appraisal report from EKJ Appraisals is your strongest weapon when contesting your property tax assessment.
Recently got a freeze your HELOC?
If your home is near a declining area, your lender may just decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be inconvenient from a cash flow point of view, and unfavorable to your credit score since it may appear as though that credit line is maxed out. EKJ Appraisals can provide you with a professional appraisal to help you reinstate your HELOC.
We Also Provide Field and Desktop Appraisal Review Services
Have you just gotten a copy of your appraisal and you would wish to have a professional double-check it for preciseness or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in question in a field review. If you're in a hurry, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.
We can also provide a retrospective review of any appraisal report you may have had done before. While typically requested by banks, you may need to employ this service if you suspect mortgage fraud related to your house.