Attention homeowners in Duluth and Saint Louis County: Need an appraisal?
The top 7 reasons Minnesota homeowners use Harbor Appraisals, LLC:
We at Harbor Appraisals, LLC understand the individual needs of a homeowner looking for appraisal services. While our typical business 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.
For Sale by Owner/Pre-Listing ServicesSince you have an emotional attachment to your house, it's often very hard to be objective about it. Our professional appraisers at Harbor Appraisals, LLC are objective. We won't just tell you what you want to hear, we will tell you what you need to know. In addition to helping you set a realistic price to sell at so your house will attract interested buyers, a professional appraisal is a very valuable negotiating tool once you have a potential buyer. It gives you something tangible to show your buyer. The appraisal is an independent third party's opinion of your house's value, not just how much you think your house is worth. Potential buyers know you have an emotional attachment to your house and will be far more likely to give credibility to an accomplished appraiser's value assessment than yours.
Challenging property tax assessmentsYour local tax assessor may have your house overvalued if you live in a region that's going down. This only means you're probably paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better off you'll be. An appraisal from Harbor Appraisals, LLC is your chief weapon when contesting your property tax assessment.
PMI Removal AppraisalsAn attractive way to cut costs 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". Once your mortgage loan is below 80% of the value of your property, in most cases you can apply to your lender to have the PMI eliminated from your loan, which will make your monthly payments go down. At Harbor Appraisals, LLC, we're qualified in helping consumers just like you rid yourselves of unneeded PMI insurance.
Recently got a freeze to your HELOC?Even if your specific property has not declined in value, your lender might decide to automatically freeze your home equity line of credit (HELOC) if your home is in a declining area. This can be annoying from a cash flow point of view, and bad for your credit score since it may appear as though that credit line is maxed out. Harbor Appraisals, LLC can provide you with an expert appraisal that will help you reinstate your home equity line of credit.
Field and Desktop Appraisal Review ServicesDo you need a seasoned professional to double-check your appraisal for accuracy, or do you want a second opinion without the added cost and delay of waiting for a whole new appraisal? Harbor Appraisals, LLC offers field reviews where we go out and check the subject and comparables. 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 retrospective review of any appraisal report you may have had done before. Although most appraisal reviews are requested by lenders for quality control, homeowners that have reason to believe they've been the victim of mortgage fraud are wise to get a second opinion.