Real estate appraisal services for homeowners in the city of Isle and Mille Lacs County

Here are the top seven reasons why MN homeowners hire First Choice Appraisals:

  1. To get a pre-listing appraisal (whether they're selling the home on their own or using a real estate agent)
  2. To challenge a MN property tax assessment
  3. To cut your mortgage payments by removing PMI
  4. Reinstate your Home Equity Line of Credit (or HELOC)
  5. Verify a different appraiser's report
  6. If property needs to be divided because of a divorce
  7. To settle an estate in Mille Lacs county or MN by determining the true market value of property in question

Own a home in or near Isle, MN and need help determining the value of it?
Contact First Choice Appraisals.

We at First Choice Appraisals understand the individual needs of a consumer in need of 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 (FSBO) / Pre-Listing Services

Since you have an emotional attachment to your home, it's often very hard to be objective about it. Our professional appraisers at First Choice Appraisals are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is a very important negotiating tool once you have an interested buyer, in addition to helping you set a realistic price to sell at so your house will attract interested buyers. It's something tangible to show your buyer. The appraisal is an independent third party's opinion of your home's price, not just how much you think your house is worth. Interested buyers know you have an emotional attachment to your house and will be far more likely to give credibility to a professional appraiser's value assessment than yours.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. A preferred way to cut expenses for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your property. In most cases you can apply to the lender to have the PMI eliminated from your loan. We're veterans in helping folks just like you abolish unnecessary PMI insurance.

Challenging property tax assessments

Your local tax assessor may have your home overvalued if you live in a local area that is declining or not appreciating as much as other homes nearby. This means you are going to pay higher taxes than you should be paying. The earlier you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. A professional appraisal from First Choice Appraisals is your number one weapon when contesting your property tax assessment.

Was your HELOC recently frozen?

If your property is near a declining area, your lender may just choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be inopportune from a cash flow angle, but it can be bad for your credit score since it may appear as though that credit line is maxed out. First Choice Appraisals can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Would you prefer a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you desire a seasoned expert to double-check your appraisal for accuracy? First Choice Appraisals offers field reviews where we'll go out and check the subject and comps. If you need it in a rush, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.

Do you need a retrospective review of an appraisal report? First Choice Appraisals can We can assist you. While usually requested by banks, you may desire to make use of this service if you suspect mortgage fraud related to your house.