Attention homeowners in Pahoa and Hawaii County: Need an appraisal?
Check out the top seven reasons HI homeowners hire REID E. CHOATE & ASSOCIATES, LLC:
Own a house in or near Pahoa, HI and need help determining the value of it?
We at REID E. CHOATE & ASSOCIATES, LLC understand the particular needs of a consumer seeking appraisal services. Our regular business clients get the appraisal process and the usual reporting formats. Being a regular homeowner that probably doesn't see an appraisal on a regular basis,we will provide you with extra guidance and explanations through the appraisal process to understand what we do and how we present the results of our analysis.
Pre-listing Services/For Sale By Owner
It's very hard to be objective about your home because you most likely have an emotional attachment to it. Professional appraisers, like the ones at REID E. CHOATE & ASSOCIATES, LLC, will be objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is a crucial negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your house will attract interested buyers. The appraisal is something concrete to show the buyer. The appraisal is an independent third party's opinion of your house's value, not just how much your house is worth. Interested buyers assume you have an emotional attachment to your home and will be much more likely to give credibility to a seasoned appraiser's value opinion than yours.
Appraisals to cancel PMI
PMI stands for Private Mortgage Insurance. An attractive money saver for homeowners is to get the PMI removed 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 house. In most cases you can apply to the lender to have the PMI canceled from your loan. At REID E. CHOATE & ASSOCIATES, LLC, we're experts in helping homeowners just like you do away with unwanted PMI insurance.
Challenging a property tax assessment
Lets say you live in a region that is declining -- your local tax assessor may have your house overvalued. This only means you are 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. When challenging your property tax assessment, getting an expert appraisal from REID E. CHOATE & ASSOCIATES, LLC is your chief weapon.
HELOC recently frozen?
If your house is in or near a declining area, your lender may decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be difficult and inconvenient from a cash flow angle, and bad for your credit score since it may appear as though that credit line is maxed out. REID E. CHOATE & ASSOCIATES, LLC can help you reinstate your HELOC.
We Provide Field and Desktop Appraisal Review Services
Do you need a seasoned appraiser to double-check your appraisal for accuracy, or do you desire a second opinion without the cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in question in a field review. Or, if you need it ASAP, we can 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 a retrospective review of any appraisal you may have in your possession. While typically requested by banks, you may need to take advantage of this service if you suspect mortgage fraud related to your house.
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.