Category: Insurance Appraisal and Reserve Studies

Central Florida Property Tax Appeals | Independent Appraisal Support

Tax Appeals in Central Florida What a Tax Appeal Means A property tax appeal is the formal process used to challenge the assessed value of real property for ad valorem taxation. Property owners may appeal when they believe: Most appeals follow a sequence: review the assessment and TRIM notice, gather supporting evidence, and file a

Structural Integrity Reserve Study: Safeguarding Condo Communities from Costly Surprises

Condo building with parking garage in the Tampa area example.

Neglecting structural integrity reserve studies can lead to unexpected costs and safety hazards for condominium owners. Case studies from Florida, like the Clearwater evacuation and Miami-Dade assessments, highlight severe financial impacts. New legislation mandates these studies, enabling proactive maintenance and budgeting to mitigate risks and maintain property values. Expert guidance is crucial for effective planning.

Wind and Flood Insurance: Pricing and Implications of HB 989

GOES-13 Satellite Sees 'Giant White Spike' of Clouds Bringing U.S. Severe Weather

Wind and flood insurance costs have escalated due to more frequent severe weather, growing rebuilding costs, and increased risk from coastal development. Florida’s HB 989, effective July 2024, introduces stricter regulations for insurers, potentially raising premiums further. This law, while intended to protect consumers, may inadvertently increase financial strain for homeowners in high-risk areas.

The Impact of Rising Insurance Premiums in Florida on Commercial Real Estate Appraisals

Hurricane Bill Spins in the Atlantic (NASA, International Space Station Science, 08/18/09)

The rise in insurance premiums in Florida, driven by natural disasters and a reduced number of providers, is putting downward pressure on commercial real estate by increasing property expenses and reducing net operating income (NOI). Property owners can mitigate these effects through risk assessment, insurance shopping, and energy efficiency upgrades.

Navigating the New Reconsideration of Value Requirements: A Compliance Guide

FHFA Building Logo

The Federal Housing Finance Agency, along with Fannie Mae, Freddie Mac, and HUD, recently revised Reconsideration of Value (ROV) requirements aimed at enhancing transparency and accessibility for disputing property appraisals. These changes, crucial for borrowers, lenders, and appraisers, include strict documentation, appraiser independence, timely processing, and comprehensive record-keeping. Additional specific guidelines from HUD emphasize borrower notification and lender support responsibilities.

Looking for an Appraiser in Brevard County?

Edge Realty Advisors offers Real Estate appraisal services across all 67 counties in Florida. We offer different services by county, so please visit our services page for more information.

Looking for an Appraiser in Brevard County? If you’re in need of dependable real estate appraisal services in Brevard County, look no further than Edge Realty Advisors. Whether you’re dealing with commercial or residential properties, our team is equipped to provide comprehensive and thorough appraisals tailored to your needs. Ready to speak with an expert?

Looking for an Appraiser in Polk County?

Edge Realty Advisors offers Real Estate appraisal services across all 67 counties in Florida. We offer different services by county, so please visit our services page for more information.

Looking for an Appraiser in Polk County? If you’re searching for top-notch real estate appraisal services in Polk County, look no further than Edge Realty Advisors. Our team is dedicated to providing comprehensive and thorough appraisals across both commercial and residential sectors. Ready to speak with an expert? Call us at (321) 339-2478, or visit

Looking for an Appraiser in Volusia County?

Edge Realty Advisors offers Real Estate appraisal services across all 67 counties in Florida. We offer different services by county, so please visit our services page for more information.

Looking for an Appraiser in Volusia County? If you’re navigating the real estate market in Volusia County, Florida, finding the right appraiser can significantly streamline your experience. At Edge Realty Advisors, we specialize in both commercial and residential property appraisals throughout this vibrant region. Our team is here to offer comprehensive and thorough appraisals tailored

Looking for an appraiser in Osceola County?

Edge Realty Advisors offers Real Estate appraisal services across all 67 counties in Florida. We offer different services by county, so please visit our services page for more information.

Edge Realty Advisors is your foremost resource for expert real estate appraisal services across Osceola County. Whether you’re dealing with commercial or residential properties, our team provides comprehensive and thorough appraisals tailored to meet your needs. Learn more about what we can offer on our home page. Ready to speak with an expert? Call us