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Why you should order an appraisal

To many, an appraisal just looks like a line item on the break-sheet for a home sale or refinance. Nearly all lenders still call in a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation processes that might seem more economical than an appraisal. You might assume that getting a mortgage is the only reason to acquire an appraisal, but there are additional times when the services of a licensed, independent real estate professional could come in handy.

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Dispute your tax assessment in Broward County

It's probable you're paying too much in property taxes if you reside in an area where property values have depreciated. Property taxes are based upon a previous assessment of your house, so if values have gone down in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from us is your best evidence. We're equipped to assist you in disputing your tax assessment.

PMI removal to reduce your mortgage payment

Private Mortgage Insurance, or PMI, is an added insurance plan that almost all lenders ask homeowners to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate. Seeing that added payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - falls below the 80% level, making this very unfavorable. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.

DANIEL I KANDEL will provide you with a statement regarding the value of your home, and the price you paid for the home valuation can generally be regained in just a few months because you'll no longer be paying the PMI.

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

A divorce is an especially traumatic experience for the parties involved, and it is often more complicated by the troublesome decision of who keeps the home. Regardless of the situation, it's a good idea to get an appraisal from DANIEL I KANDEL so both parties are fully aware of the true market value of their house.

The parties will have a clearer picture 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 received a fair assessment.

Determine a fair and accurate valuation for estate liquidation

The death 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 real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the highest degree of discretion.

Most Americans do not have dedicated estate planners or executors to take care of these matters, unlike wealthier individuals. And seeing that a home or other property often makes up an unequal share of the total estate value, understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received a fair deal.

Relocate to or from Broward County for work

We understand the headaches involved with an employee relocation. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive characteristics of their property, along with information regarding any new sales or listings in their area that they want considered during our thorough inspection.

Sell your home quickly — at an accurate price

Whether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision regarding your asking price. 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 rest on our efforts to complete the appraisal report.

On a daily basis, we determine the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long propertiesare on the market. So, getting a professional appraisal is a trusted way to determine what improvements will add value and what a suitable 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 assist you in selling your home quickly at the right price