How to Get a Home Appraisal in Orlando, Florida

A home appraisal is a market valuation of real estate or property by a professional. Before a bank or lender will invest their money in your home loan, they will require an appraisal to ensure the property is as valuable as you say it is. The collateral for the loan must be valued at no less than the amount of the loan you are requesting. The bank will usually choose the appraiser if you are buying. If you’ll be selling your Orlando home, you can hire an appraiser to help set a price. Decide whether you want an online appraisal or an at-home appraisal. If you are buying or selling the house in question, then your realtor can help you decide.

Difficulty: Moderate

Instructions

Tips & Warnings

• No matter what Web site you use, always be sure to check with the Better Business Bureau before you give out any credit card information.
• Always read the terms and conditions carefully.
• Ask for the name and information of your at-home appraiser, and make sure that that person is in good standing with the Better Business Bureau.
• If anything about a Web site does not seem professional or correct, do not give out secure information.
• Your social security number is not necessary for an appraisal. Do not give it out.
• Look for an icon that says that your Web page is secure before you submit credit card information.