Reasons to order an appraisal from DANIEL I KANDEL
Each year, thousands of people in Florida purchase, sell or refinance their home. Most of these transactions include a simple line item for an appraisal. The majority of lenders still want a local expert because the stakes are so high, even though there are a growing number of automated home valuation methods that might appear less expensive than an appraisal. You might think that getting a mortgage is the only reason to acquire an appraisal, but there are other cases when the services of a certified, independent real estate professional might come in handy.
Contest your tax assessment
If you live in an area where the property value has depreciated, 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. At DANIEL I KANDEL, we're qualified to assist you in disputing your tax assessment.
PMI removal to lower your mortgage payment
Private Mortgage Insurance, or PMI, is an additional insurance plan that almost all lenders ask home buyers to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. Oftentimes, this extra payment is folded into the monthly mortgage payment and is promptly forgotten. PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% level, making this very unfortunate. In fact, the United States Congress invoked 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.
DANIEL I KANDEL can provide you with a statement regarding the value of your home, and the expense of the home valuation can often be recovered in a short amount of time because you'll no longer be paying the PMI.
Order your appraisal from DANIEL I KANDEL todayOrder online
Get a clear valuation on a home for divorce settlements
A divorce is a very traumatic ordeal for the parties involved, and it is often further complicated by the challenging decision of who keeps the home. It's a good idea to order an appraisal from DANIEL I KANDEL so both parties are fully aware of the true market value of their house, regardless of the circumstances.
The parties will have a better idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Accurate and fair estate liquidation
The death of a loved one is a hard time in life, and settling an estate from a death, or probate, often requires 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 fullest degree of discretion.
Most Americans don't have dedicated estate planners or executors to take care of these affairs, unlike wealthier individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received a fair deal.
Move to or from Broward County through an employee relocation program
We are familiar with the headaches involved with an employee relocation. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive attributes of their property, as well as information about any current sales or listings in their neighborhood that they want considered during our thorough inspection.
Close on your home quickly — at an accurate price
A professional appraisal will help you make a better educated decision when determining your selling price, whether you want to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees aren't related to the sales price, but rather they are calculated on our efforts to complete the appraisal report.
We determine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long propertiesstay on the market. So, getting a professional appraisal is a trusted way to determine 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.