Diversified Real Estate
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Diversified Real Estate Services, Inc. is a full-service commercial real estate firm committed to serving clients with real estate appraisals and consultation. Diversified Real Estate Services, Inc. is located in downtown Minneapolis providing services throughout the Twin Cities metropolitan area, the upper midwest, and across the country.
Services
Diversified Real Estate Services, Inc. serves a broad base of clients who require expertise in appraising, consulting, and appraisal reviews of different types of real estate.
Our clients range from banks, real estate investors, mortgage brokers, private individuals, etc., and including regional and national clients.
With the ever-increasing complexity in today's real estate market, and the additional regulations imposed upon real estate appraisal professionals, it is more important than ever to assure yourself that the appraisal services you have retained can meet the challenges of determining an accurate value estimate while meeting all necessary guidelines.
Diversified Real Estate Services, Inc. specializes in providing appraisals for mortgage lending purposes.
The federal government and the State of Minnesota have established appraisal guidelines for reports used for mortgages.
Recognizing the importance to the financial institutions of satisfying the criteria of the financial institution regulators results in thorough analysis of each property.
A detailed investigation is undertaken regardless of the size or value of a property.
Appraisals are based on historical information, and there is no guarantee that real estate properties will not suffer declines in value.
Through consultation with Diversified Real Estate Services, Inc., we can assist our clients in forming preliminary determinations for the placement of a mortgage by knowing the current market, types of financing available, and how to best present the property for the most favorable financing.
Financial institutions may benefit from an opinion from an independent source which does not require a full narrative appraisal.
Our firm can also provide supplemental underwriting support by reviewing an appraisal prepared by a different firm.
Stuart Mortrude founded Diversified Real Estate Services, Inc. in 1991, and is a former partner in the company.
Stuart has been an active appraiser since 1984, after graduating from St. Cloud State University with a Bachelor of Science degree in Real Estate.
Timothy Vergin joined the company as a partner in 1992 after serving 7 years as a commercial appraiser.
Timothy received his Bachelor of Science degree in Real Estate through St. Cloud State University.
Ryan Bauer graduated from the University of Nebraska with a Bachelor of Science degree in Finance.
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