Getting an appraisal from RIVER CITY REAL ESTATE APPRAISAL SVCS.Thousands of people in Oregon purchase, sell or refinance their home every year. A lot of these transactions include a simple line item for an appraisal. And even though there are a multiplying number of automated home valuation processes that may appear to be more practical than an appraisal, almost all lenders still call in a local expert because the stakes are very high. You might believe that obtaining a mortgage is the only reason to get an appraisal, but there are more situations when the services of a licensed, independent real estate professional might be helpful.
Challenge your tax assessment in Clackamas CountyIf you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from RIVER CITY REAL ESTATE APPRAISAL SVCS. is your best evidence. We're qualified to assist you in challenging your tax assessment.
PMI removal will lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance plan that almost all lenders ask homeowners to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the property. Seeing that extra payment is usually lumped into the monthly mortgage payment, it is often forgotten. This is bad because PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate PMI, RIVER CITY REAL ESTATE APPRAISAL SVCS. can give you a statement regarding the value of your home. The expense of the home valuation can generally be regained in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce can be a very daunting ordeal for both parties, and it is often further complicated by the difficult decision of who keeps the property. It's a good idea to order an appraisal from RIVER CITY REAL ESTATE APPRAISAL SVCS. so both parties are fully aware of the true market value of their house, regardless of the situation.
The parties will have a good idea of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.
Settling an estate with peace of mindLosing a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the highest degree of discretion.
Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these issues. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the precise value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received a fair deal.
RIVER CITY REAL ESTATE APPRAISAL SVCS. can help you with relocating to or from Clackamas CountyEmployee relocation can be a stressful event. We know where you're coming from. We take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive attributes of their property, along with information about any recent sales or listings in their neighborhood that they want considered during our detailed process.
Sell your home quickly at the right price with an appraisal from RIVER CITY REAL ESTATE APPRAISAL SVCS.Whether you choose 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. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't a percentage of the sales price, but rather they are calculated on our efforts to finish the appraisal.
We analyze the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. Getting a professional appraisal is a reliable way to determine 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 homes are one the market.