At REID E. CHOATE & ASSOCIATES, LLC, we understand the unique needs of a consumer in need of appraisal services.
While our usual business 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 house because you probably have an emotional attachment to it.
Our professional appraisers at REID E. CHOATE & ASSOCIATES, LLC are objective. We won't just tell you what you want to hear, we will tell you what you need to know.
A professional appraisal is very crucial as a negotiating tool once you have an interested buyer, in addition to helping you set a realistic selling price so your property will attract interested buyers.
It's something tangible to show the buyer.
An appraisal is an independent third party's opinion of your house's value -- not just you saying how much your home 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 report than yours.
Challenging property tax assessments
Let's say you live in a region that's declining -- your local tax assessor may have your home overvalued.
This means you are most likely paying higher taxes than you should be paying.
The sooner you take care of a matter like this, the better, since your property assessment may likely go up again in the next period.
An appraisal report from REID E. CHOATE & ASSOCIATES, LLC is your perfect weapon when challenging your property tax assessment.
PMI Removal Appraisals
An attractive way to cut expenses 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 home, in most cases you can apply to a lender to have the PMI removed from your loan, which will make your monthly payments go down.
We're qualified in helping consumers just like you delete undesirable PMI insurance.
HELOC recently frozen?
Your lender may make the decision to automatically freeze your home equity line of credit (HELOC) if your home is in a declining area -- even if your specific property has not declined in value.
This can be detrimental to your credit score since it may appear as though that credit line is maxed out, and also troublesome from a cash flow standpoint.
REID E. CHOATE & ASSOCIATES, LLC can help you reinstate your HELOC.
We Offer Field and Desktop Appraisal Review Services
Would you wish a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you desire an expert to double-check your appraisal for precision?
In a field review we will go out and check the subject and comps.
If you need it ASAP, we'll provide 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 report? REID E. CHOATE & ASSOCIATES, LLC can help you with that.
While typically requested by banks, you may need to employ this service if you suspect mortgage fraud related to your house.
REID E. CHOATE & ASSOCIATES, LLC PO Box 388 Pahoa, HI 96778-0388