Attention homeowners in Hilo and Hawaii County: Need an appraisal?
The top seven reasons why HI homeowners call on Sevco Appraisers Hilo:
Do you own a house in or near Hilo? Do you need help determining the price of your real estate?
We at Sevco Appraisers Hilo understand the special needs of a consumer looking for appraisal services. Our business practices and reporting formats are relatively routine to our business clients like banks, lawyers, and accountants. Being a regular consumer that probably doesn't look at appraisals on a regular basis,we will provide you with extra guidance and explanations through the appraisal process to better understand what we do and how we present our findings.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
Since you have an emotional attachment to your own home, it's often very hard to be objective about it. The professional appraisers at Sevco Appraisers Hilo will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic price to sell at so your house will attract many interested buyers, a professional appraisal is very important as a negotiating tool once you have a likely buyer. It gives you something tangible to show the buyer. The appraisal is an independent third party's opinion of your house's value, not just you saying how much you think your house is worth. Interested buyers assume that you have an emotional attachment to your house and will be far more likely to give credibility to an experienced appraiser's value report than yours.
Need to cancel PMI?
Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a popular way to cut expenses for homeowners. Once your mortgage loan amount is down below 80% of the value of your property, 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 seasoned in helping customers just like you delete undesirable PMI insurance.
Challenging Hawaii county's assessment of your property
Your local tax assessor may have your home overvalued if you live in an area that's declining. That only means you are going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better off you'll be. An appraisal report from Sevco Appraisers Hilo is your perfect weapon when challenging your property tax assessment.
Was your HELOC recently frozen?
Even if your specific property has not declined in value, your lender might choose to automatically freeze your home equity line of credit (HELOC) if your home is in a declining area. Not only can this be difficult from a cash flow point of view, but it can be negative on your credit score since it may appear as though that credit line is maxed out. Sevco Appraisers Hilo can help you reinstate your HELOC.
Do You Need Field and Desktop Appraisal Review Services?
Do you need a professional to double-check your appraisal for efficiency, or do you desire a second opinion without the added expense and delay of waiting for a whole new appraisal? In a field review we will 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 you may have in your possession. While typically requested by banks, you may want to exercise this service if you suspect mortgage fraud related to your property.