Attention homeowners: Real estate appraisal services for in Moorhead and Clay County

Here are the top 7 reasons MN homeowners use RDI Appraisals:

  1. Get a pre-listing appraisal (whether they're selling the home themselves or using a real estate agent)
  2. Challenge Clay county's assessment of your propertyworth
  3. To cut their monthly mortgage payment by removing PMI
  4. To reinstate their Home Equity Line of Credit (HELOC)
  5. Review a different appraiser's report for verification
  6. If real estate property needs to be divided because of a divorce
  7. Determine the true market value of real estate in question to settle an estate in MN

Own a house in or near Moorhead, MN and need help determining the value of it?
Contact RDI Appraisals.

At RDI Appraisals, we understand the unique needs of a homeowner seeking appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like lenders, attorneys, and accountants. But as a general consumer,you can expect extra guidance and explanations through the appraisal process to more clearly understand what we do and how we document the results of our analysis.

For Sale By Owner/Pre-Listing Services

It's very hard to be objective about your house because you most likely have an emotional attachment to 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 home will attract many interested buyers, a professional appraisal is a very important negotiating tool once you have a potential buyer. It's something concrete to show the buyer. The appraisal is an independent third party's opinion of your home's value, not just you saying how much you think your home is worth. Potential buyers assume that you have an emotional attachment to your house and will be more likely to give credibility to an expert appraiser's value estimation than yours.

Appraisals to remove PMI

PMI stands for Private Mortgage Insurance. A fashionable money saver for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan is down below 80% of the value of your house. In most cases you can apply to your lender to have the PMI eliminated from your loan. We are experienced in helping clients just like you get rid of undesirable PMI insurance.

Challenging a property tax assessment

Your local tax assessor may have your home overvalued if you live in a region that is going down. This only means you are most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the quicker you take care of things like this, the better. When challenging your property tax assessment, getting a professional appraisal from RDI Appraisals is your perfect weapon.

HELOC recently frozen?

If your home is in 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 be be negative on your credit score since it may appear as though that credit line is maxed out, and also troublesome from a cash flow angle. RDI Appraisals can help you reinstate your home equity line of credit with an expert appraisal.

We Also Provide Field and Desktop Appraisal Review Services

Have you just been given a copy of your appraisal and you would prefer to have an expert double-check it for accuracy or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in a field review. 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 help with that too. Even though this is typically requested by banks, you may need to make use of this service if you suspect mortgage fraud related to your property.