Need an appraisal in Coral Gables or Miami-Dade County?

Here are the top seven reasons FL homeowners hire Pena Appraisal Services Inc.:

  1. Find the right listing price (whether you're using an agent or selling the home on your own)
  2. To challenge a FL property tax assessment
  3. Remove PMI to reduce a monthly mortgage payment
  4. Reinstate their Home Equity Line of Credit (or HELOC)
  5. Review a different appraiser's report for verification
  6. If property needs to be divided because of a divorce
  7. Settle an estate in FL by determining the true market value of property in question

Do you own a home in or near Coral Gables? Do you need help determining the value of your real estate?
Contact Pena Appraisal Services Inc..

We at Pena Appraisal Services Inc. understand the particular needs of a homeowner looking for appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

For-Sale-By-Owner (FSBO) / Pre-Listing Services

Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Professional appraisers, like the ones at Pena Appraisal Services Inc., will be objective. We'll tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your property will attract buyers, a professional appraisal is very crucial as a negotiating tool once you have an interested buyer. It's something tangible to show your buyer. It's an independent third party's opinion of your property's price, and not just you saying how much you think your home is worth. Interested buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to an experienced appraiser's value conclusion than yours.

Need to cancel PMI?

PMI stands for Private Mortgage Insurance. A popular way to cut costs for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan is below 80% of the value of your house. In most cases you can apply to your lender to have the PMI canceled from your loan. Pena Appraisal Services Inc. is experienced in helping clients just like you remove unwanted and unneeded PMI insurance.

Challenge property tax assessments

Lets say you live in a region that is going down -- your local tax assessor may have your home overvalued. This only means you're probably paying higher taxes than you should be paying. The earlier you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. When contesting your property tax assessment, getting an expert appraisal from Pena Appraisal Services Inc. is your chief weapon.

Recently got a freeze your HELOC?

Your lender may choose to automatically freeze your home equity line of credit (HELOC) if your house is close to a declining area -- even if your specific property has not declined in value. Not only can this be inconvenient from a cash flow angle, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. An appraisal from Pena Appraisal Services Inc. can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Have you just accepted a copy of your appraisal and you'd wish to have a seasoned professional double-check it for precision or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? An appraiser from Pena Appraisal Services Inc. can go out and check the subject and comps in a field review. If you're in a rush, we'll provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.

We can also provide a retrospective review of any appraisal report you may have in your possession. Even though this is typically requested by banks, you may want to employ this service if you suspect mortgage fraud related to your home.