Attention homeowners in Fargo and Cass County: Get an Appraisal today!

The top 7 reasons why ND homeowners need Gate City Bank:

Find the right listing price (whether they're selling the home themselves or using an agent)
To challenge a ND property tax assessment
Remove PMI to cut your monthly mortgage payment
Reinstate your Home Equity Line of Credit (HELOC)
To review a different appraiser's report for verification
In the case of a ND divorce, where real estate property needs to be divided
To settle an estate in Cass county or ND by determining the true market value of real estate in question

Own a house in or near Fargo, ND and need help deciding the value of it?
Contact Gate City Bank.

We at Gate City Bank understand the special needs of a consumer seeking 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.

Pre-listing Services/For Sale By Owner

Since you have an emotional attachment to your own 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 a very valuable negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your home will attract interested buyers. It gives you something tangible to show your buyer. It's an independent third party's opinion of your property's price, and not just you saying how much you think your home is worth. Interested buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to an experienced 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 getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan is less than 80% of the value of your home. In most cases you can apply to your lender to have the PMI removed from your loan. We are experts in helping folks just like you do away with unwanted and unneeded PMI insurance.

Challenge a property tax assessment

Your local tax assessor may have your home overvalued if your home is not appreciating as much as other homes close by. That means you're paying more taxes than you should. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better. An expert appraisal from Gate City Bank is your best weapon when contesting your property tax assessment.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender might just make the decision to automatically freeze your home equity line of credit (HELOC) if your house is in a declining area. This can be be harmful to your credit score since it may appear as though that credit line is maxed out, and also difficult and inconvenient from a cash flow standpoint. Gate City Bank can help you reinstate your home equity line of credit with a professional appraisal.

Field and Desktop Appraisal Review Services

Have you just gotten a copy of your appraisal and you would wish to have a seasoned expert double-check it for precision or do you need a second opinion without the added expense and delay of waiting for a whole new appraisal? An appraiser from Gate City Bank can go out and check the subject and comps in question in a field review. If you're in a hurry, 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 usually requested by banks, you may want to employ this service if you suspect mortgage fraud related to your house.