Reasons you should order an appraisal from Greater Orlando Appraisal Assoc., Inc.

To many, an appraisal just looks like another fee on the break-sheet for a home purchase or refinance. Nearly all lenders still want a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation processes that may appear more economical than an appraisal. You might assume that getting a mortgage is the only reason to get an appraisal, but there are other times when the services of a licensed, independent real estate professional might be beneficial.

Let Greater Orlando Appraisal Assoc., Inc. assist you in lowering your mortgage payment

Appeal your tax assessment in Orange County

It's likely you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are based upon a past assessment of your home, 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 us is your best evidence. We can assist you in disputing your tax assessment.

PMI removal to lower your mortgage payment

When the amount being loaned to the homeowneris more than 80% of the actual value of the home, most lenders ask homeowners to take out this additional insurance policy. That policy is Private Mortgage Insurance, or PMI. Seeing that additional payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is bad because PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met.

Greater Orlando Appraisal Assoc., Inc. will give you a statement regarding the value of your home, and the price you paid for the home valuation can generally be recovered in just a few months because you'll no longer be paying the PMI.

Order an appraisal from Greater Orlando Appraisal Assoc., Inc.

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Settle a divorce with fewer hang-ups

A divorce can be a particularly traumatic ordeal for both parties, and it is often more complicated by the difficult decision of who gets the house. So both parties are completely aware of the true market value of their property, it's a good idea to get an appraisal from Greater Orlando Appraisal Assoc., Inc., regardless of the circumstances.

If the parties wish to sell the home, they'll have a better idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.

Determine a fair and accurate valuation for estate liquidation

Losing 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 Fair Market Value for the residential property involved. We guarantee the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these issues. A home or other property often makes up an unequal share of the total estate value, so understanding 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.

Move to or from Orange County through an employee relocation program

Employee relocation is a stressful event, and we understand. We take great care in organizing an accommodating appointment time for the appraisal inspection. During our intensive inspection, we encourage relocating employees to provide feedback on the positive features of their property, as well as information about any recent sales or listings in their neighborhood that they want considered.

Close on your home quickly — for the right price

Whether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a more informed decision when determining your selling price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees rest on our efforts to finish the appraisal report and not a percentage of the sales price.

On a daily basis, we examine the difference in value things like an extra bathroom or a kitchen remodel can make. Seeking a professional appraisal is a trusted way to determine 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 an unnecessarily long time, because we're experts in knowing how long properties are one the market.

Let Greater Orlando Appraisal Assoc., Inc. help you sell your home quickly at the right price