We at REID E. CHOATE & ASSOCIATES, LLC understand the individual needs of a homeowner in need of appraisal services.
Our usual business clients get the appraisal process and the standard "products" we deliver to them. Being a regular consumer that ordinarily doesn't see an appraisal every day, we will give you extra guidance and explanations through the appraisal process to better understand what we do and how we report our findings.
For Sale by Owner/Pre-Listing Services
Since you have an emotional attachment to your own home, it's often very hard to be objective about it.
A professional appraiser is objective and will tell you what you need to know, not just what you want to hear.
A professional appraisal is very crucial as a negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your home will attract interested buyers.
It gives you something tangible to show your buyer.
The appraisal is an independent third party's opinion of your home's market value, not just you saying how much your house is worth.
Potential buyers know that you have an emotional attachment to your house and will be much more likely to give credibility to an expert appraiser's value report than yours.
Challenge property tax assessments
Let's say you live in a local area that is declining -- your local tax assessor may have your house overvalued.
That means you're most likely paying more taxes than you should.
The faster you take care of things like this, the better, since your property assessment may likely go up again in the next period.
When contesting your property tax assessment, getting an expert appraisal from REID E. CHOATE & ASSOCIATES, LLC is your perfect weapon.
Need to remove PMI?
Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is an attractive way to save money for homeowners.
Your monthly payments will go down once your mortgage loan amount is down below 80% of the value of your home. In most cases you can apply to your lender to have the PMI canceled from your loan.
We are seasoned in helping consumers just like you delete unneeded PMI insurance.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender just may make the decision to automatically freeze your home equity line of credit (HELOC) if your property is near a declining area.
Not only can this be inopportune from a cash flow viewpoint, but it can be harmful to 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 Offer Field and Desktop Appraisal Review Services
Would you prefer a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you want an expert to double-check your appraisal for preciseness?
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 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 a retrospective review of any appraisal report you may have in your possession.
Even though most appraisal reviews are requested by lenders, homeowners suspecting a prior appraisal wasn't above board are wise to get a second opinion.
REID E. CHOATE & ASSOCIATES, LLC PO Box 388 Pahoa, HI 96778-0388