Have equity in your home? Want a lower payment? An appraisal from Kelland Investments Realty can help you get rid of your PMI.
It's widely inferred that a 20% down payment is accepted when buying a house. Because the liability for the lender is oftentimes only the remainder between the home value and the amount outstanding on the loan, the 20% adds a nice cushion against the charges of foreclosure, selling the home again, and typical value fluctuationsin the event a purchaser doesn't pay.
PMI can be expensive to a borrower in that the $40-$50 a month per $100,000 borrowed is lumped into the mortgage payment and generally isn't even tax deductible. Contradictory to a piggyback loan where the lender consumes all the costs, PMI is money-making for the lender because they collect the money, and they receive payment if the borrower is unable to pay.
A certified real estate appraiser can help home owners understand just when their home's equity rises above the 20% point, as it's a hard thing to know. It is an appraiser's job to keep up with the market dynamics of their area. At Kelland Investments Realty LLC, we know when property values have risen or declined. We're experts at determining value trends in Broward, Palm Beach and Miami-Dade Counties. Faced with data from an appraiser, the mortgage company will generally drop the PMI with little effort. At that time, the homeowner can relish the savings from that point on.
Kelland Investments Realty, LLC knows real estate valuation in Broward, Palm Beach and Miami-Dade Counties
At Kelland Investments Realty LLC we have a different approach to helping buyers and sellers on their Real Estate transactions. As Real Estate experts with over 30 years of experience in the Real Estate industry as both
, we assist everyday consumers as well as investors in buying properties, selling properties, through consultation, appraisals for accurate determination of value, market analysis, whether they are buying or selling a property, so that they can properly negotiate their next Real Estate transaction. We offer the client all the tools, consultation and representation needed through the Real Estate process with a more in-depth approach
Do you have a question relating to real estate appraisals? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.
Do you have a question relating to real estate appraisals? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.
KEY FACTS ABOUT KELLAND INVESTMENTS REALTY, LLC
-
US Businesses
-
Companies in Florida
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Broward County Companies
- Company name
- KELLAND INVESTMENTS REALTY, LLC
- Status
- Inactive
- Filed Number
- L18000071616
- FEI Number
- Date of Incorporation
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March 20, 2018
- Home State
- FL
- Company Type
- Florida Limited Liability
CONTACTS
- Website
- http://kellandinvestmentsrealty.com
- Phones
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(954) 471-8449
KELLAND INVESTMENTS REALTY, LLC NEAR ME
- Principal Address
- 5910 SW 195TH TERRACE,
FT LAUDERDALE,
FL,
33332,
US
See Also