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What's an Appraisal
When you need to know the true value of a property, you need an expert. Find out about the Orlando appraisal process.
Orlando Property Appraisal Experts
For years, mortgage lenders and consumers, as well as other real estate professionals, have depended on our expertise to provide high-quality value estimates onall types of real estate in Orlando and Orange County. By continuously analyzing local real estate trends in Orange County and refreshing our knowledge regarding valuation techniques through accredited courses, we've been consistently able to deliver reliable home valuations for people just like you.
Appraisals for All Your Property Needs
When it comes to selling a home, buying a home, litigation valuation, or appealing property taxes, it is essential to first, and foremost, determine the value of your property. Enter Sunbelt Appraisals, a leading provider of property and real estate appraisals for mortgage lenders, attorneys, sellers, buyers, and other real estate professionals. We are dedicated to providing the most accurate appraisals and the best service by continuously staying current on real estate trends in Orlando and Orange County, FL.
What Is an Appraisal?
More than just an “educated guess”, a property appraisal is an estimate of a home’s value based on the findings of a professional appraiser. Your property’s value will be calculated based on a variety of factors; structural condition, location, zip code, and recent sales of similar properties just to name a few.
How Is an Appraisal Conducted?
It’s quite simple, and the entire inspection process usually takes less than an hour. One of Sunbelt’s friendly Appraisers will walk through your home and the surrounding site area, noting anything that can contribute or adversely affect your home’s value. This will depend on a number of variables.
For example, if your home has a swimming pool, but swimming pools aren’t popular in your area it could either not affect your property value or even detract from it. However, if your home is close to a highly-rated school or a desirable attraction, that could be a huge plus for its value.
As they conduct the appraisal, your Sunbelt Appraiser will visually inspect, sketch the subjects floor plan and take pictures of the property. The appraiser will ask about any recent updates or renovation. Suggestions can be made to increase value or make the subject more marketable. This will give you a chance to address them before moving forward with your real estate endeavor.
Once your Sunbelt Appraiser is finished with the appraisal inspection, you should have your final report within two business days.
Why Are They Important?
Buying or selling an Orlando property can be complicated. While a bad appraisal can kill a deal even faster than a low credit score, a good appraisal can make a positive impact for a seller or buyer.
Here’s the truth: no financial institution will lend money for a property purchase without first seeing an appraisal. The reason for this is that your bank or lender will need to know what their loan collateral will sell for in the worst-case situation.
How Can I Get Started With My Orlando Property Appraisal?
Looking for an Orlando Property Appraiser to assess your home’s value? Reach out to us via our simple Contact Form to be contacted by one of our licensed representatives, or give us a call at (407) 574-7091 to speak to us directly. We’re standing by to help you with all of your Orlando property appraisal needs.
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