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Reasons to order an appraisal from DANIEL I KANDEL

Year after year, thousands of people in Florida purchase, sell or refinance their home. Many of these transactions contain a simple line item for an appraisal. Most lenders still call in 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 economical than an appraisal. You might believe that getting a mortgage is the only reason you should get an appraisal, but there are other times when the services of a licensed, independent real estate professional might be beneficial.

Let DANIEL I KANDEL help you lower your mortgage payment

Dispute your tax assessment in Broward County

It's quite possible you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are based upon a previous assessment of your house, so if prices have declined in your neighborhood, you can appeal your assessment and save money. An appraisal from DANIEL I KANDEL is your best evidence when building your case. We can assist you in challenging your tax assessment.

Get rid of PMI to lower your mortgage payment

When the amount being loaned to the buyeris more than 80% of the actual value of the real estate, most lenders ask buyers to take out this extra insurance plan. That policy is Private Mortgage Insurance, or PMI. This added payment is often folded into the monthly mortgage payment and is quickly forgotten. PMI is unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress requiring lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met.

If you'd like to do away with PMI, DANIEL I KANDEL will give you a statement regarding the value of your home. The expense of the appraisal can usually be regained in little time because you'll no longer be paying the PMI.

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Get a clear valuation on a home for divorce settlements

A divorce is often complicated by the challenging decision of who maintains the property, and it can be an especially daunting event for both parties. It's a good idea to order an appraisal from DANIEL I KANDEL so both parties are completely aware of the true market value of their property, regardless of the situation.

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

Determine an accurate and fair 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 calls for an appraisal to establish Fair Market Value for the residential property involved. We guarantee the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Most Americans do not have dedicated estate planners or executors to manage these affairs, unlike wealthy individuals. And since a home or other property often makes up an uneven 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 understand the headaches involved with an employee relocation. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. During our thorough inspection, we suggest relocating employees to provide feedback on the positive attributes of their property, as well as information about any current sales or listings in their neighborhood that they want considered.

Sell your home quickly — for the right price

Whether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a better educated decision when determining your selling price. An appraiser has no vested interest in what amount the house sells for, apart from real estate agents. Our fees are based on our efforts to finish the appraisal report and and aren't related to the sales price.

We determine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a trusted way to decide 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, because we're experts in knowing how long houses are one the market.

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