Claims Evaluator…Got one?

Is your insurance company’s offer less than you need to cover your losses? Maybe it’s time to get your own evaluation?

Did you know that there is someone out there that can help you with the confusing claims documentation and get you the money you deserve? This is a niche specialty and there aren’t many people that can navigate the language and fight for you. The job requires unique qualifications and an acute attention to detail…the itemized forms require a breadth and depth of knowledge and expertise and the price breakdown language is often overwhelming to not just the property owner but also to most contractors and professionals in the construction industry! Just take a look at this example below! It offers just one small piece of what this multi-page document looks like:

When you begin making your insurance claim, the process seems simple enough. You call your insurance company and they send an adjuster out to take an inventory of the loss. After that, you receive a detailed report from the insurance company outlining the work that needs to be done, and what they say it should cost. This is the moment where you decide if you want to negotiate the amount offered to you o rif you just want to move forward and sign it. It is at this time you should contact someone to look over the report. This is where Craig DiPetrillo steps in. He can then assess whether or not you are potentially entitled to more than your insurance company is offering!

Craig, has experience in the industry and will understand your contract and the company’s responsibilities right down to the fine print. He will work to get you the money you truly need, not just what the insurance company says you should get. To help make the decision to work with Craig even easier, it only costs you a small percentage of the EXTRA money he is able to negotiate on your behalf. If had can’t increase the claim (a very rare occurrence) they don’t pay at all!

As an example: A claim payout by your insurance company is OFFERED (not settled and agreed to by you at this point or signed off on in any way) in the amount of $50,000.00. Craig is requested to review the claim by you. Craig finds that they can raise the your claim offer of settlement to $65,000.00; which could be by way of error by the adjuster or inaccurate data input. From there, Craig is paid 15% of the raised portion (only 15% of the $15,000.00). If he is not successful in finding an increased opportunity in the settlement offered to you by the insurance company, he is not paid at all.

Utilizing a private evaluator ensures that someone is working on your behalf versus someone working on behalf of the insurance company.

Craig DiPetrillo, President of DiPetrillo Properties & DP Student Rentals, is a FORTIFIED Home™ certified evaluator.

DiPetrillo Properties offers all clients the same time and effort in pre-determining the return on their project as they do for their own projects. Whether it is a personal or business claim, their team understands the process from point of concept to design; from business plan to finance; and all the way to construction. They will help you get the money you deserve for the claim so you can move forward with fixing your property and returning to normal life. DiPetrillo Properties also offers full in-house construction services for both residential and commercial projects. They work on both new construction and renovation projects to help clients see any investment become a reality.

For more information please e-mail or call: info@dipetrilloproperties.com/401.232-7552

www.dipetrilloproperties.com

Spend More To Make More

Will a remodel make a difference when selling?

This one’s for the realtors (or financial institutions with properties to sell)…

Say you have a residential property that you’re selling for an investor – the investor has made it clear that they want to move it fast. You can price it low and try to push it that way or have you thought about suggesting to the owner that investing a little more money in a renovation might help you not only sell it quicker but for a profit instead of a loss? We work with many financial institutions and often get called to provide a renovation analysis — working with small budgets and short turnaround times has saved our clients from suffering a loss and turned them a profit instead.

So often it’s the little things…

-We know that kitchens and bathrooms are eye candy and seeing one less major project can seal the deal for the potential buyer.

-Maybe an addition was added and that addition has different siding than the rest of the house? Convincing your client to finish the siding might be well worth the expense.

-How about previous water damage where the root cause was fixed but a stain still remains? A little paint or patchwork can take a ‘red flag’ and make it a ‘green light’!

-How’s the landscape? Is there a retaining wall that is compromised? How about some woody shrubs that have grown out of control? Investing in some of these projects, that are minor to you but major to someone else, can make all the difference.

-Is there mold on the North side of the house? How about recommending a power wash?

These are just a few examples that can make all the difference between sitting on a property for months, or even years, to moving it in weeks. It doesn’t always work that fast, with many other obvious variables to consider, but we know from experience that if you can convince your clients to invest and you have the right design and construction team(s) in place that can provide that quick turnaround on the work and adhere to a tight budget…it’s money in the bank and a win/win as the buyer will have a move in ready house!

Interested in Planning, Investments or Construction in the RI Real Estate Market? Let’s have coffee!

Craig DiPetrillo – 401.232-7552 – info@DiPetrilloProperties.com