Real estate appraisal services for homeowners in the city of Wayzata and Hennepin County

Here are the top reasons MN homeowners use Realty Executives Associates:

Pre-listing appraisals (whether they're selling the home themselves or using an agent)
To challenge a MN property tax assessment
To cut a monthly mortgage payment by removing PMI
Reinstate your Home Equity Line of Credit (HELOC)
Review another appraiser's report for verification
If real estate needs to be divided because of a divorce
To settle an estate in Hennepin county or MN by determining the true market value of real estate in question

Do you own a house in or near Wayzata? Do you need help determining the value of your real estate?
Contact Realty Executives Associates.

We at Realty Executives Associates understand the individual needs of a consumer seeking appraisal services. Our business practices and reporting formats are relatively routine to our business clients like banks, attorneys, and CPAs. But as a general consumer,you'll receive extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report our conclusions.

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. In addition to helping you set a realistic selling price so your house will attract many interested buyers, a professional appraisal is very valuable as a negotiating tool once you have a likely buyer. The appraisal is something tangible to show your buyer. It's an independent third party's opinion of your property's value, and not just 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 assessment than yours.

Appraisals to cancel PMI

Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a popular way to save money for homeowners. Your monthly payments will go down once your mortgage loan is below 80% of the value of your home. In most cases you can apply to your lender to have the PMI canceled from your loan. We're experts in helping clients just like you dismiss unneeded and unwanted PMI insurance.

Challenging a property tax assessment

Your local tax assessor may have your house overvalued if your house is not appreciating as much as other houses nearby. That only means you're paying more taxes than you should. Since your property assessment may likely go up again in the next period, the earlier you take care of a matter like this, the better off you'll be. An appraisal from Realty Executives Associates is your chief weapon when contesting your property tax assessment.

HELOC recently frozen?

If your property is in or 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 troublesome from a cash flow viewpoint, and negative on your credit score since it may appear as though that credit line is maxed out. Realty Executives Associates can provide you with a professional appraisal that will help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Have you just been handed a copy of your appraisal and you would like to have a professional double-check it for efficiency or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comps. If you need it immediately, we'll 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 We can assist you While usually requested by banks, you may need to exercise this service if you suspect mortgage fraud related to your house.