Attention homeowners in Orlando and Orange County: Need an appraisal?
The top 7 reasons FL homeowners order from Greater Orlando Appraisal Assoc., Inc.:
Own a house in or near Orlando, FL and need help determining the price of it?
We at Greater Orlando Appraisal Assoc., Inc. understand the individual needs of a homeowner looking for appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like lenders, lawyers, and accountants. But as a consumer,we will provide you with extra guidance and explanations through the appraisal process to more fully understand what we do and how we document our findings.
Pre-listing Services/For Sale By Owner (FSBO)
It's very hard to be objective about your own home because you most likely have an emotional attachment to it. Professional appraisers, like the ones at Greater Orlando Appraisal Assoc., Inc., will be objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is very important as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your property will attract buyers. It's something tangible to show your buyer. It's an independent third party's opinion of your property's value, and not just how much your house is worth. Potential buyers know you have an emotional attachment to your home and will be far more likely to give credibility to an accomplished appraiser's value estimation than yours.
PMI Removal Appraisals
PMI stands for Private Mortgage Insurance. A popular way to cut expenses for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is less than 80% of the value of your home, in most cases you can apply to a lender to have the PMI eliminated from your loan, which will make your monthly payments go down. At Greater Orlando Appraisal Assoc., Inc., we're veterans in helping consumers just like you get rid of unwanted and unneeded PMI insurance.
Challenge a property tax assessment
Lets say you live in a local area that is declining -- your local tax assessor may have your home overvalued. This only means you are most likely paying higher taxes than you should be paying. The faster you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal from Greater Orlando Appraisal Assoc., Inc. is your strongest weapon when contesting your property tax assessment.
Was your HELOC recently frozen?
Your lender may just decide to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area -- even if your specific property has not declined in value. This can be be harmful to your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow angle. Greater Orlando Appraisal Assoc., Inc. can help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?
Have you just gotten a copy of your appraisal and you'd like to have a professional double-check it for accuracy or do you want a second opinion without the added expense and delay of waiting for a whole new appraisal? Greater Orlando Appraisal Assoc., Inc. offers field reviews where we go out and check the subject and comparables. If you need it in a rush, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.
We can also provide you with a a retrospective review of any appraisal you may have had in the past. While typically requested by banks, you may need to make use of this service if you suspect mortgage fraud related to your property.