Attention homeowners in Homestead and Miami-Dade County: Get an Appraisal today!

The top 7 reasons FL homeowners use Otero and Associates Appraisal:

To get a pre-listing appraisal (whether they're selling the home themselves or using a real estate agent)
Challenge a property tax assessment
To lower your mortgage payment by removing PMI
Reinstate their Home Equity Line of Credit (HELOC)
Review another appraiser's report for verification
If real estate property needs to be divided because of a divorce
Determine the true market value of property in question to settle an estate

Own a home in or near Homestead, FL and need help deciding the price of it?
Contact Otero and Associates Appraisal.

At Otero and Associates Appraisal, we understand the individual needs of a customer looking for appraisal services. While our usual business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

For-Sale-By-Owner (FSBO) / Pre-Listing Services

Since you have an emotional attachment to your house, it's often very hard to be objective about it. The professional appraisers at Otero and Associates Appraisal will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a crucial negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your property will attract interested buyers. The appraisal is something concrete to show the buyer. The appraisal is an independent third party's opinion of your property's price, not just you saying how much you think your house is worth. Interested buyers know you have an emotional attachment to your home and will be more likely to give credibility to a seasoned appraiser's value assessment than yours.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. A fashionable way to cut costs for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is down below 80% of the value of your property, in most cases you can apply to the lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We are experts in helping people just like you delete unneeded PMI insurance.

Challenge Tax Assessment

If you live in an area that is going down or is not appreciating as much as other homes close by, your local tax assessor may have your home overvalued. That only means you are probably paying more taxes than you should. The earlier you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an appraisal report from Otero and Associates Appraisal is your best weapon.

Was your HELOC recently frozen?

Your lender may make the decision to automatically freeze your home equity line of credit (HELOC) if your property is in or near a declining area -- even if your specific property has not declined in value. Not only can this be inconvenient from a cash flow angle, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. Otero and Associates Appraisal can provide you with efficient appraisal that will help you reinstate your home equity line of credit.

We Offer Field and Desktop Appraisal Review Services

Have you just received a copy of your appraisal and you would like to have an expert double-check it for accuracy or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in a field review. If you need it ASAP, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.

Need a retrospective review of an appraisal report? We can help with that too. Even though this is typically requested by banks, you may desire to exercise this service if you suspect mortgage fraud related to your home.