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Reasons to order an appraisal

To a lot of people, an appraisal just looks like one more thing on the settlement sheet for a home sale or refinance. Nearly all lenders still want a local expert because the stakes are very high, even though there are a budding number of automated home valuation processes that may appear more practical than an appraisal. Is obtaining a mortgage the only reason to get an appraisal? Are there other instances when the services of a certified, independent real estate professional might be helpful? You bet.

Let DANIEL I KANDEL help you lower your mortgage payment

Contest your tax assessment in Broward County

If you reside in an area where the property value has declined, it's possible you're paying too much in property taxes. An appraisal from DANIEL I KANDEL is your best evidence when building your case. We're capable of assisting you in challenging your tax assessment.

Get rid of PMI to lower your mortgage payment

When the amount being loaned to the home buyeris more than 80% of the actual value of the home, many lenders ask home owners to purchase this supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. More often than not, this added payment is folded into the monthly mortgage payment and is promptly forgotten. This is bad because PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met.

DANIEL I KANDEL can produce a statement regarding the value of your home, and the cost of the home valuation can generally be offset in little time because you'll no longer be paying the PMI.

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Divorce settlement with fewer hang-ups

A divorce is an especially daunting event for the parties involved, and it is often more complicated by the troublesome decision of who gets the property. It's a good idea to get an appraisal from DANIEL I KANDEL so both parties are entirely aware of the true market value of their property, regardless of the circumstances.

The parties will have a better idea of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Determine a fair and accurate valuation for estate liquidation

The death of a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the residential property involved. We guarantee the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to handle these issues. And since a home or other property often makes up an unequal share of the total estate value, understanding the true worth of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten an honest deal.

Move to or from Broward County for work

We are aware of the stress associated with an employee relocation. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. During our intensive inspection, we suggest relocating employees to provide remarks on the positive features of their property, as well as information about any recent sales or listings in their neighborhood that they want considered.

Close on your home quickly — for the right price

A professional appraisal can help you make a better educated decision regarding your asking price, whether you decide to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees aren't a percentage of the sales price, but rather they are based on our efforts to finish the appraisal report.

We analyze the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long housesare on the market. So, obtaining a professional appraisal is a reliable way to decide what improvements will add value and what an appropriate sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time.

Let DANIEL I KANDEL help you sell your home quickly at the right price