"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
Litz Group Appraisal Services
\nis a multi-faceted real estate services firm serving South Florida and Central Indiana. Our appraisal division has been in operation since 2006 and offers both residential and commercial appraisals. Dedicated staff and efficient processes make working with us smooth and easy. Expedited reports are available to meet your time crunch
Expert Valuation is committed to excellence
\nin every aspect of our business. We uphold a standard of integrity bound by
\nfairness, honesty, and personal responsibility. Our distinction is the quality
\nof service we bring to our customers. Accurate knowledge of our trade combined
\nwith ability is what makes us true professionals. Above all, we are watchful of
\nour customers' interests, and make their concerns the basis of our business.
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Check out our Google Reviews
\nhttps://bit.ly/George-Jalil-Appraiser-Google-Reviews
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\nWith over 38 years of experience serving South Florida, I have cultivated a deep understanding of residential real estate valuation, market trends, and property analysis. My expertise extends to providing accurate and reliable appraisals, serving as an expert witness in bankruptcy cases, and delivering testimony in various legal proceedings. I was honored to be recently named Appraisal Educator of the Year for 2024 by the Miami Association of Realtors.
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\nMy unwavering commitment to professionalism, attention to detail, and dedication to ethical standards have earned me the trust of clients and colleagues alike.
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\nGeorge C. Jalil, State Certified Residential Real Estate Appraiser RD175
\nJalil Expert Value, inc
I don’t focus on easy sales like most money-minded agents do. I am different in that I have an “owner mentality,” aligning myself with my clients and strategically thinking of different outcomes so as to pick the one that works to the best interest of my clients. I am realistic, and I never over promise.
A comprehensive smart home system can be really attractive to buyers and increase the value of your property. Components such as a smart security system, smart lawn and garden systems, and smart appliances can all drive up the value of your property.
As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal.
In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.
Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.
The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.
While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.
The Dania Beach, FL homeowners’ guide to property appraisals
From average costs to expert advice, get all the answers you need to get your job done.
Home appraisals are an important part of buying or selling a home and getting a mortgage loan. Learn more about home appraisal costs and what they include.
FHA loans are backed by the government and come with specific FHA appraisal guidelines and requirements. Learn what an FHA appraisal entails in this guide.