ABOUT WACHTSTETTER ENTERPRISES INC

Wachtstetter Enterprises Inc, for over 38 years now, has been a dominant player in the Fort Lauderdale, Broward County and Davie home appraisal spaces. It was founded with the sole purpose of extending superb services in real estate appraising. The foundation of our business is superior and prompt customer service and at the same time, delivering the highest quality work and correct appraisals.

While partnering with our company, you can always expect getting top quality and accurate home appraisal reports within a very short turnaround time. Any adjustments or corrections to the appraisal are also carried out quickly. Besides, you get continuous updates on the status of your appraisal when it's in process.

We always leverage the best technology for managing a huge quantity of home appraisals spread over a wide geographical area. Our clients vouch for our efficiency.

Our clientele includes real estate buyers and owners, lawyers, accountants, attorneys, government agencies, banks, and anyone who needs to determine the actual value of a property. We undertake accurate home appraisals in several types of reporting formats. We give the client our reports in a format that meets their needs, while also conforming to the relevant guidelines. Our reports have been used for appraisal reviews, asset management, and assessment appeals, cash flow analyses, court testimony and litigation support, estates and trusts, bankruptcy and foreclosure, lending, gift tax planning, matrimonial cases, reassessment and zoning, and other functions.

Over the years, our company has achieved a fantastic track record in all type of appraisals because of our professionalism, integrity and our dedication to the work. We're committed to the highest quality standards and believe that the work we deliver should speak for itself. As a leading home appraisal company, we complete all projects within the stipulated time and at the quoted fee. Our goodwill and reputation precedes us so we do all that's needed to keep our clients satisfied.

Our organization firmly believes in clear and effective communication. We believe that most of the problems in the real estate appraisal industry stems from the lack of proper communication between the companies and their clients. Hence, we always ensure that our clients have realistic expectations of a timeframe and are informed of any special situation which could affect the work.

Success in the real estate appraisal industry is directly related to the trust that your clients place in you. Our clients know that we always execute the best quality of work at the most competitive price. We can proudly say that we get most of our work from referrals and return clients and we can think of no better testament that verifies our commitment to work.

THOMAS R. WACHTSTETTER ASA

State Certified General Appraiser #RZ451
Licensed Real Estate Broker #0461624
(954) 791-4663

Qualifications of Appraiser

RESIDENCY:

  • Broward County since 1962.

COVERAGE AREA:

  • Broward, Miami-Dade and Palm Beach Counties

PROFESSIONAL MEMBERSHIP:

  • Certified General Appraiser, State of Florida Lic. #RZ 451
  • Licensed Real Estate Broker, State of Florida Lic. # 0461624

PROFESSIONAL DESIGNATIONS:

  • A.S.A.-Urban- Designated Senior Member, American Society of Appraisers
  • I.F.A.-Designated Senior Member, National Association of Independent Fee Appraisers (till 2018)
  • Realtor- South Broward Board of Realtors

EXPERIENCE:

  • Work as an independent fee appraiser from January 1987-present
  • President of Broward Chapter of ASA #82 2002, 2nd VP 2001, 1st VP in 2000, Sec 1999
  • Worked as Chief & Staff Appraiser Farm Credit of South Florida May 1989-May 1995
  • President of Miami Chapter of NAIFA 1991 & 1992
  • President Broward Chapter NSFA & National Upgrading Chairman 1990
  • Served as 1st Vice President For NSFA Broward Chapter & On
  • National Board of Directors 1989-present
  • Served as 2nd Vice President for NSFA Broward Chapter 1988.
  • Work as staff appraiser for Mason Associates May 1985-December 1986
  • Ran real estate management office from May 1985-December 1986,
  • handle rental of residential houses and industrial warehouses.
  • Keep books for real estate business.

COURT TESTIMONY:

  • Have been accepted as an expert witness in Broward Circuit Court & US Bankruptcy Court

EDUCATION:

  • University of Central Florida-Fall 1983 to Spring 1985
  • Bachelor of Science in Business Administration in Marketing.
  • University of Florida -Fall 1981 to Spring 1983, general studies

APPRAISAL EDUCATION:

  • Uniform Standards of Professional Practice & Florida Law 1991-2024
  • CA1-R, Review of Residential Appraising Oct. 1989
  • Attended various Seminars dealing with Marshall & Swift Cost Services, FNMA form 1004, URAR,
  • Construction Methods and URAR, Appraiser as Expert Witness, Fair Lending Requirements,
  • Reviewing Residential Appraisals, Market Abstraction Review, Litigation Valuations.
  • Attended courses covering:
  • Residential Appraising, Writing Narrative Reports, Income Properties.
  • Attended seminar on new FNMA guidelines.

SPECIALTY EXPERIENCE:
Have Appraised:

  • Residence (1 to 4 units)
  • Condominiums and Apartments.
  • Commercial Properties.
  • Vacant Land
  • Special Use Buildings
  • Agricultural Properties
  • Luxury Certified Appraiser
  • Green Appraiser

Clients:

Banks:

  • Regions Bank
  • Farm Credit of Florida, ACA
  • Centennial Bank
  • USDA/Farm Service Agency
  • Temecula Valley Bank

Mortgage Companies:

  • ACAT Mortgage
  • Cornerstone Home Lending,
  • 360 Mtg, Shelter Mortgage
  • Sunshine Appraisal Management

Credit Unions:

  • Hollywood Employee Credit Union
  • Eastern Credit Union
  • Broward Teachers Credit Union

Attorneys:

  • Various

Appraisal Management Companies

  • First American, Coester Value Mgmt, Marketwise Valuation Services, Sunshine Appraisal Management Services, Financial Asset Services

Testimonials

This is my first experience with this company, but I am positive that I am just one of many who had a good experience with them. Could not ask for much more in a business transaction. They did everything they said they would, in the time they said they would. Professional and nice decent people. Will use them again and recommend them without hesitation.

- Patrick Regis

Tom Wachtstetter is a great real estate appraiser. If you're lucky enough to work with him, you'll come to find you're dealing with the best of the best. He is caring, kind, understanding and committed. He is a family-oriented man who is disciplined and thorough. He always shows up on time and he has a great memory. He even remembered appraising a property he had been to 8 years before. Talk about attention to detail! While he possesses many great qualities, my favorite part about Tom is his witty and hilarious sense of humor. This funny man will be on time, honest and empathetic while making you laugh! Weather you find Tom with his family or on the golf course, rest assured you will be happy to work with him.

-Gena Bofshever, DC

I selected Mr Wachstetter based on his relevant experience in my community, Loxahatchee Groves, and with horse properties. Our appraisal required deep research and expertise, as there were no direct comparisons for our unique 4/3 log home on 2 acres with a horse barn, large pole barn, and a small cottage used for my home-based business. His report was thorough and his communications with me during his work were excellent. I highly recommend Mr. Wachstetter and will use his service in the future when I need a solid appraisal.

-Steven Gutman

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