Fort Lauderdale
Real Estate Appraiser
For the past five years residential home prices in Fort Lauderdale have been dropping by an average of 5 % to 10 % a year. Many homeowners are wondering when this decline will stop and if there homes will ever stabilize or, even better, start gaining equity in there home again. Although you hear a little from Realtors or Fort Lauderdale Real Estate Appraisers that prices have hit bottom, one has to look closer to see if that is reality or just a pipe dream. Being a real estate appraiser in Fort Lauderdale for the past 15 years gives me a unique advantage of knowing what’s real and what’s a mirage. What is real is that banks are still hesitant to lend any money to most borrowers. When a bank opens a loan now borrowers need put down a sizeable down payment, provide two years of solid income, and have a high credit score. Most people do not fit into this limited criteria due to many economic reasons and it would be unrealistic to think people can afford to buy a new home a this time. The facts speak for themselves as banks are not lending money and most purchases are from cash buyers. The public does not have the most important aspect, which is confidence, in this housing market which is needed in order to bring this industry back.
If you’re a current homeowner in the Ft. Lauderdale area, it’s recommended that you obtain as much information about the value of your Ft. Lauderdale home. With the erratic real estate market, one of the most important ways to realize the value of your home is to have an updated real estate appraisal report completed. A & F Real Estate Appraisal Services of South Florida can complete an accurate appraisal report allowing you to know the most recent value of your home with a certified Fort Lauderdale property appraisal. One of our certified Fort Lauderdale Real Estate Appraiser will complete a thorough and accurate report by evaluating recent sales in your neighborhood with properties that are comparable to yours. This information can allow you to make the best decisions in the future of your home. It's important to contact an appraisal company that has numerous references and experience such as A & F Real Estate Appraisal Services of South Florida specializing in Real Estate Appraisal Fort Lauderdale and a very well respected Miami Appraiser.
If you are interested in obtaining an appraisal, please contact A & F Real Estate Appraisal Services at (305) 573.1577 or via email at AFAppraisalServices@gmail.com We look forward to working with you!