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About Us
GE Appraisal & Consulting is a trusted provider of residential real estate appraisal and other real estate related consulting services in the Great Toronto Area and surrounding neighbourhoods. Our principals and senior appraisers all have over 10 years of experience in their areas. We pride ourselves in our professional service, in depth knowledge of the real estate market and analytical skills. You can be assured that an appraisal ordered from our firm is thoroughly researched, and completed in a timely manner.
Our Services
At GE Appraisal & Consulting, we provide appraisals for the financial industry (value appraisals, by plans, desktop / drive-by, progress inspections, and market rent analysis), property management and condominium corporations (reserve fund study) as well as private work (estate planning, capital gains, matrimonial purposes).
Capital Gain
Capital Gain is an increase in the value of a capital asset that gives it a higher worth than the purchase price. The gain is not realized until the asset is sold. A capital gain may be short term or long term and must be claimed on income taxes.
Mortgage Financing
In the case of a mortgage appraisal, GE Appraisal and Consulting Services has the unique ability to protect the interests of the buyer, the seller, and the lender with an unbiased, accurate property appraisal.
Estate Planning
Estate planning is also known as estate administration. It is a form of handling a deceased person’s assets by appointing an executor. As part of the process, a Fair Market Value will be needed for the liquidator or executor to work with.
Divorce Settlement
Divorce proceedings require many decisions, especially when there is a real estate property allocation to be agreed upon, such as the matrimonial home.
Reserve Fund Study
A reserve fund is a special account with a financial institution such as a bank, loan and trust corporation or credit union. This account is separate from the condominium’s operating fund, and it is used to pay for major repairs and replacements to the condominium’s common elements.
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