There are lots of reasons people call on Yano Real Estate Services

Thousands of people in Oregon buy, sell or refinance their home each year. Many of these transactions include a simple line item for an appraisal. Nearly all lenders still need a local expert because the stakes are so high, even though there are a growing number of automated home valuation methods that might appear to be more practical than an appraisal. But is getting a mortgage the only reason to acquire an appraisal? Are there other situations when the services of a licensed, independent real estate professional might be beneficial? Of course.

If you're planning on any transaction where the value of your house is a factor, you should contact Yano Real Estate Services. Just click here.

Appeal your tax assessment in Multnomah, Washington, Clackamas, and Clark Counties

It's possible you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are based upon a past assessment of your house, so if values are less than what they used to be in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from Yano Real Estate Services is your best evidence. At Yano Real Estate Services,we can assist you in disputing your tax assessment.

Getting rid of your PMI will lower your mortgage payment

Private Mortgage Insurance, or PMI, is an added insurance plan that most lenders ask home buyers to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the home. Since the added payment is usually bundled into the monthly mortgage payment, it is often forgotten. PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfavorable. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met.

If you'd like to eliminate PMI, Yano Real Estate Services will give you a statement regarding the value of your home. The price you paid for the home valuation can usually be regained in just a few months because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Yano Real Estate Services

A divorce is a particularly traumatic experience for the parties involved, and it is often even more complicated by the hard decision of who gets the property. Regardless of the circumstances, it's prudent to get an appraisal from Yano Real Estate Services so both parties are fully aware of the true market value of their house.

If the parties need to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Accurate and fair estate liquidation with help from Yano Real Estate ServicesSettling an estate

The loss of a loved one is a hard 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. We guarantee the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Unlike 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 an uneven share of the total estate value, knowing the correct value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten an honest deal.

Yano Real Estate Services can help you with relocating to or from Multnomah County

Employee relocation can be a stressful event. We know where you're coming from! That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. During our detailed process, we encourage employees that are moving to provide remarks on the positive features of their property, as well as information about any recent sales or listings in their neighborhood that they want considered.

Don't sell out short or let your home stay on the market too long.

A professional appraisal can help you make a more informed decision regarding your selling price, whether you choose to sell your home on your own or use the assistance of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't contingent upon the value we report, but rather they depend on our efforts to complete the appraisal.

On a daily basis, we analyze the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long houses are on the market. So, 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 too long, costing you hassle and money.