Attention homeowners in Pahoa and Hawaii County: Get an Appraisal today!

Here are the top 7 reasons Hawaii homeowners use REID E. CHOATE & ASSOCIATES, LLC:

  1. Pre-listing appraisals (whether you're using an agent or selling the home on your own)
  2. Challenge property tax assessments
  3. Remove PMI to reduce your mortgage payments
  4. To reinstate your Home Equity Line of Credit (HELOC)
  5. Review a different appraiser's report for verification
  6. If real estate needs to be divided because of a divorce
  7. Settle an estate in Hawaii by determining the true market value of a property
Do you own a house in or near Pahoa? Do you need help determining the price of your real estate? Contact REID E. CHOATE & ASSOCIATES, LLC.

At REID E. CHOATE & ASSOCIATES, LLC, we understand the particular needs of a homeowner in need of appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get extra customer 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 (FSBO) / Pre-Listing Services

It's very hard to be objective about your own house because of your emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic selling price so your property will attract buyers, a professional appraisal is a very important negotiating tool once you have an attainable buyer. The appraisal is something tangible to show your buyer. The appraisal is an independent third party's opinion of your property's value, not just you saying how much you think your home is worth. Potential buyers know you have an emotional attachment to your home and will be more likely to give credibility to an experienced appraiser's value report than yours.

Challenging a property tax assessment

Let's say you live in a region that is declining -- your local tax assessor may have your house overvalued. That means you are paying more taxes than you should. Since your property assessment may likely go up again in the next period, the sooner you take care of a matter like this, the better. An appraisal from REID E. CHOATE & ASSOCIATES, LLC is your chief weapon when contesting your property tax assessment.

Appraisals to remove PMI

An attractive way to save money for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan is less than 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. REID E. CHOATE & ASSOCIATES, LLC is experienced in helping customers just like you abolish undesirable PMI insurance.

HELOC recently frozen?

Your lender might decide to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area -- even if your specific property has not declined in value. Not only can this be inconvenient from a cash flow viewpoint, but it can be bad for your credit score since it may appear as though that credit line is maxed out. A professional appraisal from REID E. CHOATE & ASSOCIATES, LLC can help you reinstate your HELOC.

We Provide Field and Desktop Appraisal Review Services

Would you wish a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you desire a veteran appraiser to double-check your appraisal for efficiency? REID E. CHOATE & ASSOCIATES, LLC offers field reviews where we'll go out and check the subject and comparables in question. If you need it immediately, we'll provide you with a desk review and verify as many facts as we can, using online data sources as well as our own files.

Do you need a retrospective review of an appraisal? REID E. CHOATE & ASSOCIATES, LLC can help you with that. Even though most appraisal reviews are requested by lenders for quality control, homeowners that have reason to believe a prior appraisal wasn't above board are prudent to invest in a second opinion.

Got a Question?

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.

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