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6 Reasons to choose an appraisal from DANIEL I KANDEL

Thousands of people in Florida purchase, sell or refinance their home each year. A lot of these transactions include a simple line item for an appraisal. Even though there are an increasing number of automated home valuation processes that may appear more cost-effective than an appraisal, practically all lenders still want a local expert because the stakes are very high. Is securing a mortgage the only reason to acquire an appraisal? Are there also instances when the services of a licensed, independent real estate professional might come in handy? Absolutely.

Let DANIEL I KANDEL assist you in lowering your mortgage payment

Contest your tax assessment

If you are in an area where the property value has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We're capable of assisting you in appealing your tax assessment.

Eliminating PMI for mortgage payments

Private Mortgage Insurance, or PMI, is an extra insurance plan that nearly all lenders ask homebuyers to buy when the amount being loaned to the homeowner is more than 80% of the actual value of the property. Seeing that extra payment is usually folded into the monthly mortgage payment, it is often forgotten. This is damaging because PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.

If you'd like to eliminate PMI, DANIEL I KANDEL will provide you with a statement regarding the value of your home. The expense of the appraisal can often be offset in little time because you'll no longer be paying the PMI.

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Get a clear valuation on a home take make a divorce settlement less stressful

A divorce can be an especially traumatic event for both parties, and it is often more complicated by the strenuous decision of who gets the house. So both parties are entirely aware of the true market value of their house, it's a good idea to get an appraisal from DANIEL I KANDEL, regardless of the circumstances.

If the parties want to sell the home, they'll have a a good idea of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.

Accurate and fair estate liquidation

The loss of a loved one is a painful 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion.

Most Americans don't have dedicated estate planners or executors to handle these issues, unlike many wealthy individuals. 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 vital importance to ensuring disputing parties walk away knowing they've received an honest deal.

Move to or from Broward County for work

Employee relocation can be a stressful event, and we understand. We take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive attributes of their property, along with information about any new sales or listings in their neighborhood that they want considered during our thorough inspection.

Close on your home promptly — for the right price

A professional appraisal can help you make a better educated decision when determining your asking price, whether you decide to sell your home on your own or with the help of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't related to the sales price, but rather they rest on our efforts to finish the appraisal report.

On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a trusted way to decide what improvements will add value and what an applicable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time, because we're experts in knowing how long homes stay on the market.

Let DANIEL I KANDEL assist you in selling your home quickly at the right price