Attention homeowners in Orlando and Orange County: Need an appraisal?
The top 7 reasons FL homeowners need Greater Orlando Appraisal Assoc., Inc.:
Own a house in or near Orlando, FL and need help deciding the price of it?
We at Greater Orlando Appraisal Assoc., Inc. understand the individual needs of a homeowner seeking appraisal services. Our typical business clients are used to the appraisal process and the standard reporting formats. Being a regular person not in the real estate industry that probably doesn't look at appraisals every day,we will give you extra guidance and explanations through the appraisal process to better understand what we do and how we report our findings.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
It's very hard to be objective about your own home because you most likely have an emotional attachment to it. Our professional appraisers at Greater Orlando Appraisal Assoc., Inc. are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is very crucial as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your property will attract many interested buyers. It gives you something tangible to show your buyer. The appraisal is an independent third party's opinion of your home's price, not just you saying how much your house is worth. Potential buyers know that you have an emotional attachment to your home and will be more likely to give credibility to an experienced appraiser's value opinion than yours.
Need to cancel PMI?
A fashionable way to cut expenses for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan amount is down below 80% of the value of your home. In most cases you can apply to the lender to have the PMI removed from your loan. We are veterans in helping clients just like you rid themselves of unwanted and unneeded PMI insurance.
Challenge Tax Assessment
Your local tax assessor may have your home overvalued if you live in an area that's going down or not appreciating as much as other houses nearby. That means you are probably paying more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of things like this, the better off you'll be. Getting an appraisal from Greater Orlando Appraisal Assoc., Inc. is your number one weapon when challenging your property tax assessment.
Was your HELOC recently frozen?
If your property is near a declining area, your lender might make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be disadvantageous from a cash flow viewpoint, and unfavorable to your credit score since it may appear as though that credit line is maxed out. Greater Orlando Appraisal Assoc., Inc. can help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Would you prefer a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you need a seasoned appraiser to double-check your appraisal for preciseness? We can go out and check the subject and comps in question in a field review. If you need it immediately, 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 in your possession. While usually requested by banks, you may desire to exercise this service if you suspect mortgage fraud related to your property.