Whether you are estate planning, protecting your real estate investment, or need litigation assistance, Opteon provides convenient online ordering for:
- Market Value Appraisals
- Estate Appraisals
- Divorce
- Pre-Foreclosure and Short Sales
- Pre-listing Appraisals
- Bankruptcy
- Municipal Property Tax Appeal
- Home Measurement Services
Including appraisals for:
- Single-Family Homes of all types
- Multi-Family Homes
- Condominiums
- Townhomes
- Cottages
- Cabins
- Manufactures Homes
- Modular Homes
- Vacant Residential Lots
- Cooperatives
- Rowhouses
- Mansions
- Historically Significant Homes
Opteon provides commercial appraisals throughout the United States, on all commercial property types. Our appraisers are thoroughly vetted based on their professional and geographic areas of competency.
Opteon commercial team can assist investors, lenders, and property owners make informed decisions about commercial real estate assets. We provide an objective and professional opinion of value, which can help minimize risk and maximize potential returns.
- Agricultural
- Apartment Complexes
- Assisted Living Facilities
- C-Stores
- Car Washes
- Casinos
- Condo Developments
- Craft Breweries
- Funeral Home & Cemetery
- Gas Stations
- Hotels
- And more
Market Value Appraisals
PMI Removal
PMI (Private Mortgage Insurance) removal refers to the process of removing private mortgage insurance from a homeowner's mortgage loan. PMI is typically required when a homeowner puts less than 20% down on a property at the time of purchase. It is designed to protect the lender in the event that the homeowner defaults on their mortgage.
Once the homeowner has built up at least 20% equity in their property, either through paying down the mortgage or through an increase in the property's value, they may be eligible to have the PMI removed from their loan. This can result in significant cost savings for the homeowner.
To have the PMI removed, the homeowner typically needs to contact their mortgage servicer and request a PMI removal. The servicer may require an appraisal to determine the current value of the property and the amount of equity the homeowner has built up. If the appraisal shows that the homeowner has at least 20% equity in the property, the servicer may agree to remove the PMI.
In some cases, the homeowner may need to meet other requirements, such as being current on their mortgage payments and having a good payment history. The exact requirements for PMI removal may vary depending on the lender and the terms of the mortgage loan.
It is important to note that if the homeowner does not take steps to have the PMI removed, it may remain in place for the life of the loan, even if the homeowner has built up significant equity in the property. Therefore, it is important for homeowners to be proactive in seeking PMI removal once they have built up sufficient equity in their property.
Cash Purchase
A cash purchase appraisal is an appraisal conducted on a property when the buyer is planning to purchase the property with cash, rather than obtaining financing from a lender. This type of appraisal is often required by the buyer to ensure that they are paying a fair price for the property.
The appraisal report will provide an estimated market value of the property based on the appraiser's analysis. This can help the buyer determine if they are paying a fair price for the property and can also be used as a negotiating tool in the purchase process.
Pre-listing
A pre-listing appraisal is an appraisal conducted on a property before it is listed for sale. This type of appraisal can be useful for both sellers and real estate agents in determining the appropriate asking price for the property.
The appraisal report will provide an estimated market value of the property based on the appraiser's analysis. This can help the seller and the real estate agent determine an appropriate asking price for the property, taking into account current market conditions and recent sales of similar properties in the area.
A pre-listing appraisal can also help the seller identify any potential issues with the property that could affect its value or appeal to potential buyers. This information can be used to address any issues before the property is listed for sale, potentially increasing its marketability and value.
Having a pre-listing appraisal can also help the seller avoid potential issues during the sale process. If a buyer obtains their own appraisal during the purchase process, having a pre-listing appraisal can help the seller anticipate any discrepancies in the valuation and be prepared to negotiate or address any issues that arise.
Estate Appraisals
Planning
Estate planning appraisals are appraisals of a person's assets and property that are conducted in preparation for creating an estate plan. The goal of an estate planning appraisal is to determine the current value of a person's assets so that they can be properly accounted for and distributed after the person passes away.
The results of an estate planning appraisal can be used to develop an effective estate plan that reflects the owner's wishes and protects their assets. For example, the appraised value of a person's assets can be used to determine the size of a trust or to establish the amount of life insurance coverage needed to cover estate taxes and other expenses.
Estate planning appraisals can also help to identify potential issues or challenges that may arise when settling the estate. For example, if an asset is found to be worth significantly less than expected, this information can be used to adjust the estate plan accordingly.
Assets and Property
Estate appraisals are appraisals of a person's assets and property after they have passed away, to determine their value for tax, inheritance, or other purposes. The goal of an estate appraisal is to provide an accurate valuation of the assets that are included in the estate, so that the estate can be properly settled.
The process of an estate appraisal typically involves an appraiser who is experienced in real estate. The appraiser will evaluate the condition and market value and provide an estimate of its worth at the time of the owner's death.
Estate appraisals are a critical part of settling an estate, as they provide an accurate and independent valuation of the assets that are included in the estate. By ensuring that the estate is properly valued and distributed, estate appraisals can help to avoid disputes and ensure that the wishes of the deceased are carried out.
Appraisals for Divorce Settlements
Why an appraisal is needed
Divorce appraisals are appraisals conducted on properties during divorce proceedings. These appraisals are typically performed to determine the value of marital assets, including real estate, that will be divided between the two parties during the divorce.
The appraisal process involves an appraiser visiting the property and conducting a thorough inspection to determine its value. The appraiser will consider a variety of factors, such as the location of the property, its condition, its size, and the local real estate market. They will also review recent sales of comparable properties in the area.
In some cases, both parties may agree on a single appraiser to conduct the appraisal. However, if the parties cannot agree, each party may hire their own appraiser to conduct their own appraisal. If this happens, the appraisers will need to come to an agreement on the value of the property, or a third appraiser may be hired to conduct a final appraisal.
Divorce appraisals can be important because they can impact how assets are divided between the parties during the divorce proceedings. It is important to hire a reputable and experienced appraiser to ensure an accurate valuation of the property.
Pre-Foreclosure & Short Sale
Find the market value.
Pre-foreclosure and short sale appraisals are types of appraisals that are conducted in the context of a distressed real estate situation, where the property owner is facing the possibility of foreclosure or is considering a short sale. A pre-foreclosure appraisal is typically conducted when a homeowner is facing foreclosure and wants to determine the current value of their property. This information can be used to negotiate with the lender or to market the property for sale. The pre-foreclosure appraisal provides an estimate of the property's current market value, considering its condition, location, and other relevant factors.
A short sale appraisal is typically conducted when a homeowner is trying to sell their property for less than the amount owed on the mortgage. The purpose of the short sale appraisal is to determine the market value of the property and to establish a fair price for the sale. This information is used to negotiate with the lender and to facilitate the sale of the property.
Pre-foreclosure and short sale appraisals are important tools for homeowners who are facing financial difficulties and are looking to sell their property. By providing an accurate valuation of the property, these appraisals can help to facilitate negotiations with lenders and ensure a fair price for the sale of the property.
Bankruptcy Appraisals
Asset evaluation
Bankruptcy appraisals are appraisals of a person or company's assets that are conducted in the context of a bankruptcy proceeding. The purpose of a bankruptcy appraisal is to determine the current market value of the assets, so that they can be properly accounted for and distributed to creditors.
The results of the bankruptcy appraisal are used to determine the value of the debtor's assets and to establish the amount of money that can be distributed to creditors. This information is critical in ensuring that creditors receive a fair and equitable distribution of the assets.
Bankruptcy appraisals may also be used in the context of bankruptcy-related litigation, where the value of assets is being disputed. In these cases, the appraiser may be called upon to testify in court and to provide expert testimony regarding the value of the assets.
Municipal Property Tax Appeal Appraisals
Appeal a property tax assessment
A property tax appeal appraisal is an appraisal of a property's value that is conducted in the context of an appeal of property taxes. Property owners may choose to appeal their property tax assessment if they believe that the assessment is too high, which can result in lower property taxes.
The results of the tax appeal appraisal are then used to support the property owner's appeal of the property tax assessment. If the appraisal indicates that the property is worth less than the assessed value, the property owner can present this information to the relevant taxing authority to support their appeal.
Property tax appeal appraisals can be complex, and it is important to choose an experienced appraiser who is familiar with the local real estate market and the tax appeal process. The appraiser should also be able to provide a detailed report that clearly explains the appraisal methodology and the reasons behind the appraised value of the property.
Home Measurement Services Appraisal
Property Measuring
The process of appraisal measuring is an essential part of the real estate appraisal process, as it provides an objective and quantifiable way to determine the physical characteristics of a property and establish its value.
Measuring is an important aspect of real estate appraisal, as it provides a clear and objective way to determine the physical characteristics of the property, which are then used to establish its value.
The process of measuring a property typically involves a physical inspection of the property, where an appraiser will take detailed measurements of the building and land. This may include measuring the square footage of the building, the size of individual rooms, the height of ceilings, the dimensions of the lot, and other relevant characteristics.
The accuracy of the measurements taken during the appraisal process is critical, as even small errors in measurement can lead to significant differences in the appraised value of the property. For this reason, it is important to choose an experienced appraiser who is skilled in the measurement and quantification of physical characteristics.
Commercial Appraisals
Commercial Buildings of all sizes
Opteon provides commercial appraisals throughout the United States, on all commercial property types. Our appraisers are thoroughly vetted based on their professional and geographic areas of competency.
Opteon commercial team can assist investors, lenders, and property owners to make informed decisions about commercial real estate assets. We provide an objective and professional opinion of value, which can help minimize risk and maximize potential returns.
We can appraise a variety of buildings including:
- Agricultural
- Apartment Complexes
- Assisted Living Facilities
- C-Stores
- Car Washes
- Casinos
- Condo Developments
- Craft Breweries
- Funeral Home & Cemetery
- Gas Stations
- Hotels
- Industrial Facilities
- Land/Subdivisions
- Marinas
- Mixed-Use Properties
- Neighborhood Properties
- Office Buildings
- Poultry Farms
- Retail/Strip Centers
- Self-Storage Facilities
- Vacant Land
- Veterinary Clinics
- Vineyards
- Warehouse & Storage
