Attention homeowners in Philadelphia and Philadelphia County: Need an appraisal?

Here are the top seven reasons why PA homeowners need Mark Dundala:

  1. Pre-listing appraisals (whether they're selling the home on their own or using a real estate agent)
  2. Challenge property tax assessments
  3. To reduce their mortgage payment by removing PMI
  4. Reinstate your Home Equity Line of Credit (HELOC)
  5. Verify a different appraiser's report
  6. In the case of a PA divorce, when real estate needs to be divided
  7. Determine the true market value of property in question to settle an estate

Need help deciding the value of your house in or near Philadelphia, PA?
Contact Mark Dundala.

We at Mark Dundala understand the unique needs of a homeowner seeking appraisal services. While our usual clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

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

Since you have an emotional attachment to your home, it's often very hard to be objective about it. A professional appraiser is objective and will 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 home will attract interested buyers, a professional appraisal is very important as a negotiating tool once you have a potential buyer. It gives you something tangible to show the buyer. An appraisal is an independent third party's opinion of your property's price -- not just you saying how much you think your house is worth. Potential buyers know you have an emotional attachment to your home and will be much more likely to give credibility to an accomplished appraiser's value opinion than yours.

Appraisals to cancel PMI

Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is an attractive way to cut costs for homeowners. Your monthly payments will go down once your mortgage loan is down below 80% of the value of your home. In most cases you can apply to a lender to have the PMI eliminated from your loan. We are qualified in helping homeowners just like you remove undesirable PMI insurance.

Challenge property tax assessments

Your local tax assessor may have your house overvalued if you live in an area that is going down or not appreciating as much as other properties close to yours. This only means you are paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of things like this, the better. Getting a professional appraisal from Mark Dundala is your best weapon when contesting your property tax assessment.

HELOC recently frozen?

Your lender may decide to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area -- even if your specific property has not declined in value. This can this be inconvenient from a cash flow angle, and unfavorable to your credit score since it may appear as though that credit line is maxed out. Mark Dundala can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Would you like a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you need a seasoned expert to double-check your appraisal for accuracy? An appraiser from Mark Dundala can go out and check the subject and comparables in a field review. If you need it immediately, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.

Need a retrospective review of an appraisal report? We can help with that too. While typically requested by banks, you may need to take advantage of this service if you suspect mortgage fraud related to your property.