We at REID E. CHOATE & ASSOCIATES, LLC understand the particular needs of a homeowner after appraisal services.
While our typical 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.
For Sale by Owner/Pre-Listing Services
It's very hard to be objective about your home because you most likely have an emotional attachment to it.
The professional appraisers at REID E. CHOATE & ASSOCIATES, LLC will tell you what you need to know -- not just what you want to hear. We are objective.
A professional appraisal is a very valuable negotiating tool once you have an attainable buyer, in addition to helping you set a realistic selling price so your house will attract buyers.
The appraisal is something concrete to show your buyer.
The appraisal is an independent third party's opinion of your house's value, not just you saying how much you think your house is worth.
Potential buyers assume you have an emotional attachment to your home and will be much more likely to give credibility to an accomplished appraiser's value judgement than yours.
Challenging property tax assessments
Your local tax assessor may have your home overvalued if you live in a local area that's going down.
That only means you are going to pay more taxes than you should.
Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better off you'll be.
When challenging your property tax assessment, getting an appraisal report from REID E. CHOATE & ASSOCIATES, LLC is your strongest weapon.
Appraisals to remove PMI
Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a preferred money saver for homeowners.
Once your mortgage loan amount is down below 80% of the value of your house, in most cases you can apply to your lender to have the PMI canceled from your loan, which will make your monthly payments go down.
At REID E. CHOATE & ASSOCIATES, LLC, we're experienced in helping clients just like you abolish undesirable PMI insurance.
Recently got a freeze to your HELOC?
If your property is in a declining area, your lender just might make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value.
This can be disadvantageous from a cash flow standpoint, and unfavorable to your credit score since it may appear as though that credit line is maxed out.
REID E. CHOATE & ASSOCIATES, LLC can provide you with efficient appraisal that will help you reinstate your home equity line of credit.
Do You Need Field and Desktop Appraisal Review Services?
Do you need a professional to double-check your appraisal for precision, or do you need a second opinion without the added expense and delay of waiting for a whole new appraisal?
REID E. CHOATE & ASSOCIATES, LLC offers field reviews where we go out and check the subject and comparables in question.
Or, if you're in a hurry, we can provide you with a desk review and verify as many facts as we can, using online data sources as well as our own files.
We can also provide a retrospective review of any appraisal you may have in your possession.
While usually requested by banks, you may desire to employ this service if you suspect mortgage fraud related to your home.
REID E. CHOATE & ASSOCIATES, LLC PO Box 388 Pahoa, HI 96778-0388