Let Willamette Valley Appraisal Professionals take care of your appraisal needs
Thousands of people in Oregon purchase, sell or refinance their home every year. Most of these transactions consist of a simple line item for an appraisal. Nearly all lenders still call for a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation processes that might appear to be more economical than an appraisal. You might believe that getting a mortgage is the only basis for getting an appraisal, but there are more instances when the services of a licensed, independent real estate professional could come in handy.
Challenge your tax assessment
If you live in an area where the property value has depreciated, it's possible you're paying too much in property taxes. An appraisal from Willamette Valley Appraisal Professionals is your best evidence when building your case. We can assist you in disputing your tax assessment.
PMI removal to lower a mortgage payment
Private Mortgage Insurance, or PMI, is a supplemental insurance plan that many lenders ask homeowners to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. More often than not, this added payment is folded into the monthly mortgage payment and is promptly forgotten. PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.
Willamette Valley Appraisal Professionals will provide you with a statement regarding the value of your home, and the expense of the appraisal can generally be regained in little time because you'll no longer be paying the PMI.
Get your appraisal from Willamette Valley Appraisal ProfessionalsOrder today
Divorce settlement with less stress
A divorce is a very traumatic experience for the parties involved, and it is often further complicated by the troublesome decision of who keeps the house. Regardless of the situation, it's a good idea to order an appraisal from Willamette Valley Appraisal Professionals so both parties are entirely aware of the true market value of their house.
The parties will have a better idea of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Ascertain an accurate and fair valuation for estate liquidation
Losing a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the residential property involved. We guarantee the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to take care of these issues. A home or other property often makes up a disproportionate share of the total estate value, so understanding the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Move to or from Clackamas County through an employee relocation program
Employee relocation can be a stressful event, and we understand. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. During our intensive inspection, we suggest relocating employees to provide feedback on the positive characteristics of their property, as well as information regarding any recent sales or listings in their neighborhood that they want considered.
Sell your home quickly — at an accurate price
Whether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision when determining your asking price. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't related to the sales price, but rather they rest on our efforts to finish the appraisal report.
On a daily basis, we determine the difference in value items like an additional bathroom or a kitchen remodel can make. Seeking a professional appraisal is a reliable way to decide what improvements will add value and what an applicable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time, because we're experts in knowing how long houses are one the market.