Real estate appraisal services for homeowners in the city of Rochester and Olmsted County
The top 7 reasons MN homeowners use NorthStar Realty Services:
Do you own a home in or near Rochester? Do you need help deciding the price of your real estate?
At NorthStar Realty Services, we understand the particular needs of a customer in need of appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like lenders, attorneys, and accountants. Being a regular consumer that ordinarily doesn't see an appraisal on a regular basis,you'll receive extra guidance and explanations through the appraisal process to better understand what we do and how we document the results of our analysis.
Pre-listing Services/For Sale By Owner
It's very hard to be objective about your house because you most likely have an emotional attachment to it. Our professional appraisers at NorthStar Realty Services are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. In addition to helping you set a realistic selling price so your home will attract interested buyers, a professional appraisal is very valuable as a negotiating tool once you have a potential buyer. It's something tangible to show your buyer. An appraisal is an independent third party's opinion of your home's price -- not just you saying how much your house is worth. Potential buyers know that you have an emotional attachment to your house and will be more likely to give credibility to a qualified appraiser's value report than yours.
Need to remove PMI?
PMI stands for Private Mortgage Insurance. An attractive way to cut costs for homeowners is getting the PMI eliminated 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 home, in most cases you can apply to the lender to have the PMI canceled from your loan, which will make your monthly payments go down. NorthStar Realty Services is experienced in helping consumers just like you rid yourselves of unneeded PMI insurance.
Challenge Tax Assessment
Your local tax assessor may have your house overvalued if your house is not appreciating as much as other properties close to yours. That only means you're going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better off you'll be. When challenging your property tax assessment, getting an appraisal from NorthStar Realty Services is your strongest weapon.
Recently got a freeze your HELOC?
If your house is close to a declining area, your lender might 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 standpoint, and detrimental to your credit score since it may appear as though that credit line is maxed out. An appraisal from NorthStar Realty Services can help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Have you just gotten a copy of your appraisal and you would wish to have an expert double-check it for verity or do you desire a second opinion without the added 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're in a hurry, 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? We can help you with that Even though this is usually requested by banks, you may wish to use this service if you suspect mortgage fraud related to your property.