Real estate appraisal services for homeowners in the city of Red Wing and Goodhue County
Here are the top 7 reasons why MN homeowners hire TNT Appraisal MN:
Do you own a house in or near Red Wing? Do you need help deciding the price of your real estate?
We at TNT Appraisal MN understand the individual needs of a customer seeking appraisal services. While our usual clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
For Sale By Owner (FSBO)/Pre-Listing Services
Since you have an emotional attachment to your 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 very valuable as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your home will attract buyers. The appraisal is something concrete to show your buyer. It's an independent third party's opinion of your home's value, and not just how much you think your home is worth. Interested buyers assume you have an emotional attachment to your home and will be much more likely to give credibility to a professional appraiser's value judgement than yours.
Appraisals to remove PMI
An attractive way to cut expenses for homeowners is to get the PMI eliminated 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 less than 80% of the value of your house. In most cases you can apply to the lender to have the PMI removed from your loan. At TNT Appraisal MN, we're veterans in helping people just like you get rid of unwanted and unneeded PMI insurance.
Challenge Tax Assessment
If you live in an area that is going down or not appreciating as much as other homes close to yours, your local tax assessor may have your house overvalued. This means you are probably paying higher taxes than you should be paying. 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. Getting a professional appraisal from TNT Appraisal MN is your best weapon when challenging your property tax assessment.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender just may make the decision to automatically freeze your home equity line of credit (HELOC) if your house is close to a declining area. This can this be troublesome from a cash flow point of view, and harmful to your credit score since it may appear as though that credit line is maxed out. TNT Appraisal MN can provide you with efficient appraisal to help you reinstate your home equity line of credit.
Field and Desktop Appraisal Review Services
Would you wish a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you want an expert to double-check your appraisal for preciseness? We can go out and check the subject and comps in a field review. Or, if you need it ASAP, we can 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 you with a a retrospective review of any appraisal report you may have had in the past. Even though this is typically requested by banks, you may want to take advantage of this service if you suspect mortgage fraud related to your property.