Reasons to get an appraisal from Greater Orlando Appraisal Assoc., Inc.Thousands of people in Florida buy, sell or refinance their home each year. Most of these transactions involve a simple line item for an appraisal. While there are a growing number of automated home valuation systems that might seem cheaper than an appraisal, practically all lenders still call for a local expert because the stakes are so high. Is getting a mortgage the only reason to get an appraisal? Are there more instances when the services of a certified, independent real estate professional might be helpful? You bet. 
Contest 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 can assist you in challenging your tax assessment. PMI removal to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance plan that most lenders ask homeowners to buy when the amount being loaned to the homeowner is more than 80% of the actual value of the property. Since the extra payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress that requires lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to do away with PMI, Greater Orlando Appraisal Assoc., Inc. will produce a statement regarding the value of your home. The expense of the home valuation can usually 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. Order onlineGet a clear valuation on a home take make a divorce settlement less stressfulA divorce can be a particularly traumatic event for both parties, and it is often further complicated by the hard decision of who keeps the house. So both parties are fully aware of the true market value of their property, it's a good idea to order an appraisal from Greater Orlando Appraisal Assoc., Inc., regardless of the circumstances. The parties will have a good idea of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment. Accurate and fair estate liquidationLosing 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 real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion. Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to manage these matters. 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. Relocate to or from Orange County for workWe understand the headaches involved with an employee relocation. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. During our intensive inspection, we suggest relocating employees to provide feedback on the positive features of their property, as well as information regarding any new sales or listings in their neighborhood that they want considered. Sell your home quickly — at the right priceWhether you want 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 amount the house sells for, apart from real estate agents. Our fees aren't related to the sales price, but rather they rest on our efforts to complete the appraisal report. We analyze the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Obtaining a professional appraisal is a reliable way to determine 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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