There are lots of reasons the public calls on Bridgeport Appraisal, Inc.Year after year, thousands of people in Oregon purchase, sell or refinance their home. Most of these transactions have a simple line item for an appraisal. Almost all lenders still want a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation systems that might appear to be more economical than an appraisal. But is getting a mortgage the only basis for getting an appraisal? Are there additional cases when the services of a licensed, independent real estate professional might come in handy? You bet there are.
Challenge your tax assessment in Multnomah CountyIf you live in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from Bridgeport Appraisal, Inc. is your best evidence when building your case. At Bridgeport Appraisal, Inc.,we can assist you in appealing your tax assessment.
Let Bridgeport Appraisal, Inc. help you eliminate PMI to lower your mortgage paymentWhen the amount being loaned to the buyer is more than 80% of the actual value of the real estate, most lenders ask homeowners to buy an added insurance policy. That policy is Private Mortgage Insurance, or PMI. Seeing that added payment is usually bundled into the monthly mortgage payment, it is often forgotten. PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.
Bridgeport Appraisal, Inc. can provide you with a statement regarding the value of your home, and the cost of the appraisal can usually be recovered in little time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from Bridgeport Appraisal, Inc.A divorce can be a very traumatic experience for both parties, and it is often further complicated by the burdensome decision of who keeps the home. Regardless of the circumstances, it's a good idea to order an appraisal from Bridgeport Appraisal, Inc. so both parties are fully aware of the true market value of their property.
The parties will have a better idea of what price to set, if they wish to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Fair and accurate estate liquidation with help from Bridgeport Appraisal, Inc.Settling an estateLosing a loved one is a difficult time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the residential property involved. We ensure the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Most Americans do not have dedicated estate planners or executors to take care of these issues, unlike many wealthy individuals. A home or other property often makes up an unequal share of the total estate value, so knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten a fair deal.
Bridgeport Appraisal, Inc. can help you with relocating to or from Multnomah CountyEmployee relocation can be a stressful event. We know where you're coming from. We take great care in setting up a convenient appointment time for the appraisal inspection. During our detailed process, we encourage employees that are moving to provide input on the positive attributes of their property, along with information about any recent sales or listings in their neighborhood that they want considered.
Selling your home quickly at the right priceA professional appraisal will help you make a better educated decision regarding your selling price, whether you want to sell your home on your own or use the assistance of a real estate agent. Separate from 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 based on our efforts to finish the appraisal.
On a daily basis, we analyze the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long homes are on the market. So, getting a professional appraisal is a reliable way to decide what improvements will add value and what an appropriate sales price is for your home so you don't come up short or have your house on the market for an extended amount of time.