Let Greater Orlando Appraisal Assoc., Inc. take care of your appraisal needs

To a lot of people, an appraisal just looks like another fee in the long list of items for a mortgage or refinance. Nearly all lenders still want a local expert because the stakes are so high, even though there are a developing number of automated home valuation processes that may appear to be less expensive than an appraisal. Is getting a mortgage the only reason you should get an appraisal? Are there other instances when the services of a licensed, independent real estate professional could be beneficial? You bet there are.

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

Appeal your tax assessment

If you are in an area where the property value has declined, it's possible you're paying too much in property taxes. An appraisal from Greater Orlando Appraisal Assoc., Inc. is your best evidence when building your case. We can assist you in disputing your tax assessment.

Eliminating PMI for mortgage payments

When the amount being loaned to the homeowneris more than 80% of the actual value of the property, nearly all lenders ask home owners to purchase this supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. This additional payment is often lumped into the monthly mortgage payment and is promptly forgotten. This is unfavorable because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.

If you'd like to get rid of PMI, Greater Orlando Appraisal Assoc., Inc. will produce a statement regarding the value of your home. The price you paid for the appraisal can often be regained in little time because you'll no longer be paying the PMI.

Order your appraisal from Greater Orlando Appraisal Assoc., Inc. today

Order online

Get a clear valuation on a home take make a divorce settlement less stressful

A divorce is often complicated by the difficult decision of who keeps the property, and it can be a very traumatic occurrence for both parties. It's a good idea to get an appraisal from Greater Orlando Appraisal Assoc., Inc. so both parties are completely aware of the true market value of their property, regardless of the situation.

The parties will have a better idea of what price to set, if they want to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Ascertain 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 entails an appraisal to establish Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the highest degree of discretion.

Most Americans do not have dedicated estate planners or executors to take care of these issues, unlike wealthy individuals. And since a home or other property often makes up an uneven share of the total estate value, knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received an honest deal.

Move to or from Orange County for work

Employee relocation is a stressful event, and we understand. We take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive aspects of their property, along with information about any new sales or listings in their area that they want considered during our detailed inspection.

Sell your home promptly — for an accurate price

A professional appraisal can help you make a better educated decision regarding your asking price, whether you decide to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are calculated on our efforts to complete the appraisal report and not a percentage of the sales price.

On a daily basis, we analyze the difference in value things like an extra bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a trusted way to decide what improvements will add value and what a suitable 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. assist you in selling your home quickly at the right price