At REID E. CHOATE & ASSOCIATES, LLC, we understand the individual needs of a consumer in need of appraisal services.
Our customary business clients understand the appraisal process and the standard "products" we deliver to them. Being a regular homeowner that probably doesn't look at appraisals every day, you'll receive extra guidance and explanations through the appraisal process to more fully understand what we do and how we document the results of our analysis.
Pre-listing Services/For Sale by Owner (FSBO)
Since you have an emotional attachment to your own home, it's often very hard to be objective about 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 interested buyer, in addition to helping you set a realistic price to sell at so your property will attract many interested buyers.
It's something tangible to show your buyer.
It's an independent third party's opinion of your home's value, and not just you saying how much you think your home is worth.
Interested buyers assume you have an emotional attachment to your home and will be more likely to give credibility to an experienced appraiser's value judgement than yours.
Challenging property tax assessments
Your local tax assessor may have your home overvalued if you live in a region that's going down or is not appreciating as much as other properties close to yours.
This only means you're paying higher taxes than you should be paying.
Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better off you'll be.
An appraisal from REID E. CHOATE & ASSOCIATES, LLC is your strongest weapon when contesting your property tax assessment.
Need to cancel PMI?
PMI stands for Private Mortgage Insurance. A popular way to cut expenses for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments.
Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your home. In most cases you can apply to your lender to have the PMI removed from your loan.
REID E. CHOATE & ASSOCIATES, LLC is experienced in helping consumers just like you dismiss unwanted and unneeded PMI insurance.
Recently got a freeze to your HELOC?
If your property is close to a declining area, your lender just may 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 damaging to your credit score since it may appear as though that credit line is maxed out, and also inopportune from a cash flow point of view.
An appraisal from REID E. CHOATE & ASSOCIATES, LLC can help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?
Would you like a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you desire an expert to double-check your appraisal for accuracy?
We can go out and check the subject and comparables in question in a field review.
If you're in a rush, we'll provide desk review and verify as many facts as we can, using online data sources as well as our own files.
We can also provide you with a retrospective review of any appraisal report you may have had done before.
Although most review work is requested by lenders, homeowners suspecting a prior appraisal wasn't above board are prudent to get a second opinion.
REID E. CHOATE & ASSOCIATES, LLC PO Box 388 Pahoa, HI 96778-0388
