Reasons to get an appraisal from Greater Orlando Appraisal Assoc., Inc.To many, an appraisal is simply one more thing on the break-sheet for a home purchase or refinance. While there are a budding number of automated home valuation systems that might appear more practical than an appraisal, the majority of lenders still need a local expert because the stakes are incredibly high. You might believe that obtaining a mortgage is the only reason to get an appraisal, but there are other instances when the services of a licensed, independent real estate professional could be helpful. 
Appeal your tax assessment in Orange CountyIf you live in an area where property values have declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We're qualified to assist you in disputing your tax assessment. Eliminate PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance plan that many lenders ask buyers to buy when the amount being loaned to the homeowner is more than 80% of the actual value of the home. Seeing that extra payment is usually bundled into the monthly mortgage payment, it is often forgotten. PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfortunate. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to do away with PMI, Greater Orlando Appraisal Assoc., Inc. can give you a statement regarding the value of your home. The expense of the home valuation can generally be recovered in little time because you'll no longer be paying the PMI. Order an appraisal from Greater Orlando Appraisal Assoc., Inc. Order onlineGet a clear valuation on a home for divorce settlementsA divorce is often complicated by the burdensome decision of who keeps the house, and it can be a very traumatic occurrence for both parties. So both parties are entirely 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 situation. The parties will have a clearer picture 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 assessment. Fair and accurate estate liquidationThe death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost degree of discretion. Most Americans don't have dedicated estate planners or executors to manage these issues, unlike many wealthy individuals. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the true worth of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received a fair deal. Move to or from Orange County through an employee relocation programEmployee relocation is a stressful event, and we understand. That being said, we take great care in establishing a convenient 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 neighborhood that they want considered during our intensive inspection. Sell your home quickly — for the right priceA professional appraisal will help you make a better educated decision when determining your asking price, whether you decide to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, apart from real estate agents. Our fees aren't a percentage of the sales price, but rather they are calculated on our efforts to finish the appraisal report. On a daily basis, we examine the difference in value items like an extra bathroom or a kitchen remodel can make. Seeking a professional appraisal is a reliable 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. 
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