Attention homeowners in Orlando and Orange County: Need an appraisal?
Here are the top 7 reasons why FL homeowners order from Greater Orlando Appraisal Assoc., Inc.:
Do you own a home in or near Orlando? Do you need help deciding the value of your real estate?
We at Greater Orlando Appraisal Assoc., Inc. understand the special needs of a consumer looking for appraisal services. Our customary business clients are used to the appraisal process and the standard documents we provide. But as a general consumer,we will provide you with extra guidance and explanations through the appraisal process to better understand what we do and how we report our findings.
Pre-listing Services/For Sale By Owner (FSBO)
It's very hard to be objective about your own house because you most likely have an emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is a very important negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your home will attract buyers. It gives you something tangible to show the buyer. It's an independent third party's opinion of your property's price, and not just you saying how much you think your house is worth. Potential buyers know you have an emotional attachment to your home and will be much more likely to give credibility to an accomplished appraiser's value assessment than yours.
Appraisals to cancel PMI
A fashionable way to cut costs for homeowners is getting the PMI eliminated 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 less than 80% of the value of your home. In most cases you can apply to the lender to have the PMI eliminated from your loan. We are experienced in helping folks just like you dismiss unwanted and unneeded PMI insurance.
Challenging property tax assessments
If you live in a local area that is declining or is not appreciating as much as other homes close by, your local tax assessor may have your house overvalued. This means you're going to pay higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster 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.
HELOC recently frozen?
Your lender may make the decision to automatically freeze your home equity line of credit (HELOC) if your house is in or near a declining area -- even if your specific property has not declined in value. This can this be unsuitable from a cash flow standpoint, and detrimental 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 home equity line of credit with an expert appraisal.
Need Field and Desktop Appraisal Review Services?
Have you just received a copy of your appraisal and you would prefer to have a seasoned appraiser double-check it for accuracy or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comps. If you're in a hurry, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.
Do you need a retrospective review of an appraisal report? Greater Orlando Appraisal Assoc., Inc. can We can assist you. Even though this is typically requested by banks, you may desire to employ this service if you suspect mortgage fraud related to your home.