Attention homeowners in Orlando and Orange County: Get an Appraisal today!
Here are the top seven reasons why FL homeowners use Greater Orlando Appraisal Assoc., Inc.:
Own a house in or near Orlando, FL and need help deciding the value of it?
At Greater Orlando Appraisal Assoc., Inc., we understand the unique needs of a customer seeking appraisal services. The appraisal process and reporting formats are familiar to our business clients like lenders, lawyers, and CPAs. But as a consumer,we will provide you with extra guidance and explanations through the appraisal process to more clearly 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 home because of your 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. In addition to helping you set a realistic selling price so your home will attract buyers, a professional appraisal is very valuable as a negotiating tool once you have a likely buyer. It gives you something tangible to show the buyer. The appraisal is an independent third party's opinion of your home's value, not just you saying how much you think your house is worth. Interested buyers know that you have an emotional attachment to your home and will be far more likely to give credibility to a qualified appraiser's value opinion than yours.
Need to cancel PMI?
A preferred money saver for homeowners is to get 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 house. In most cases you can apply to the lender to have the PMI removed from your loan. At Greater Orlando Appraisal Assoc., Inc., we're veterans in helping people just like you abolish unneeded PMI insurance.
Challenge property tax assessments
Lets say you live in a region that is going down -- your local tax assessor may have your house overvalued. That only means you're probably paying more taxes than you should. Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better. An appraisal report from Greater Orlando Appraisal Assoc., Inc. is your chief weapon when contesting your property tax assessment.
Was your HELOC recently frozen?
Even if your specific property has not declined in value, your lender might make the decision to automatically freeze your home equity line of credit (HELOC) if your house is near a declining area. This can be be destructive to your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow point of view. Greater Orlando Appraisal Assoc., Inc. can provide you with an expert appraisal that will help you reinstate your home equity line of credit.
Field and Desktop Appraisal Review Services
Have you just received a copy of your appraisal and you would prefer to have a professional double-check it for precision or do you desire a second opinion without the charge and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in question in a field review. Or, if you're in a rush, we can 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 help you with that. Even though this is usually requested by banks, you may want to use this service if you suspect mortgage fraud related to your home.