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Reasons to order an appraisal from DANIEL I KANDEL

Thousands of people in Florida buy, sell or refinance their home each month. Most of these transactions consist of a simple line item for an appraisal. While there are a growing number of automated home valuation processes that may appear more cost-effective than an appraisal, the majority of lenders still call for a local expert because the stakes are so high. Is obtaining a mortgage the only reason to get an appraisal? Are there also cases when the services of a certified, independent real estate professional could be helpful? You bet there are.

Let DANIEL I KANDEL assist you in lowering your mortgage payment

Dispute your tax assessment

If you are in an area where the value of property 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 equipped to assist you in challenging your tax assessment.

Eliminating PMI for mortgage payments

Private Mortgage Insurance, or PMI, is a supplemental insurance plan that almost all lenders ask home owners to buy when the amount being loaned to the home owner is more than 80% of the actual value of the home. Since the additional 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 unfortunate. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met.

If you'd like to do away with PMI, DANIEL I KANDEL will produce 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 fair valuation on a home for divorce settlements

A divorce is often complicated by the troublesome decision of who maintains the property, and it can be an especially traumatic ordeal for both parties. 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.

If the parties want to sell the home, they'll have a better 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.

Determine an accurate and fair 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 calls for 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, ensuring the fullest degree of discretion.

Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to handle these affairs. A home or other property often makes up an uneven share of the total estate value, so understanding the true worth of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten a fair deal.

Move to or from Broward County through an employee relocation program

Employee relocation is a stressful event, and we understand. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive features of their property, as well as information about any new sales or listings in their neighborhood that they want considered during our detailed inspection.

Sell your home quickly — at the right price

Whether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision regarding your asking price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are calculated on our efforts to complete the appraisal report and and aren't related to the sales price.

On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. Seeking a professional appraisal is a trusted way to determine 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, because we're experts in knowing how long homes stay on the market.

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