Let Greater Orlando Appraisal Assoc., Inc. handle your appraisal needsThousands of people in Florida purchase, sell or refinance their home each year. Most of these transactions consist of a simple line item for an appraisal. Nearly all lenders still need a local expert because the stakes are so high, even though there are an increasing number of automated home valuation processes that may appear cheaper 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 certified, independent real estate professional could be beneficial. 
Contest your tax assessment in Orange CountyIt's possible you're paying too much in property taxes if you live in an area where property values have depreciated. Property taxes are determined by a past assessment of your home, so if values have declined in your neighborhood, you can appeal your assessment and save money. An appraisal from Greater Orlando Appraisal Assoc., Inc. is your best evidence when building your case. We're capable of assisting you in disputing your tax assessment. PMI removal to reduce your mortgage paymentWhen the amount being loaned to the buyeris more than 80% of the actual value of the home, almost all lenders ask buyers to purchase this supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. Seeing that added payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is bad because PMI isn't 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 requiring 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 provide you with a statement regarding the value of your home. The expense of the home valuation can often be recovered in a short amount of time because you'll no longer be paying the PMI. Order an appraisal from Greater Orlando Appraisal Assoc., Inc. Order todayDivorce settlement with less stressA divorce can be a particularly daunting event for both parties, and it is often further complicated by the strenuous decision of who gets the property. Regardless of the situation, it's a good idea to get an appraisal from Greater Orlando Appraisal Assoc., Inc. so both parties are fully aware of the true market value of their house. The parties will have a better idea of what price to set, if they need 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. Fair and accurate estate liquidationThe death of a loved one is a painful time in life, and settling an estate from a death, or probate, often requires 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, ensuring the utmost degree of discretion. Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to take care of these affairs. And since a home or other property often makes up an unequal share of the total estate value, understanding the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten a fair deal. Move to or from Orange County for workWe understand the headaches associated with an employee relocation. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive attributes of their property, along with information regarding any recent sales or listings in their neighborhood that they want considered during our intensive inspection. Close on your home quickly — at an accurate priceA professional appraisal can help you make a more informed decision regarding your selling price, whether you want to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what price the house sells for, apart from real estate agents. Our fees aren't a percentage of the sales price, but rather they depend on our efforts to complete the appraisal report. We examine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long housesare on the market. So, obtaining a professional appraisal is a trusted way to determine what improvements will add value and what an applicable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time. 
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