Why get an appraisal from Islandwide Appraisers, LLC?

Thousands of people in Hawaii buy, sell or refinance their home each month. Most of these transactions have a simple line item for an appraisal. Almost all lenders still want a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation methods that might seem less expensive than an appraisal. You might assume that securing a mortgage is the only reason to get an appraisal, but there are additional situations when the services of a certified, independent real estate professional might be beneficial.


	Contact Islandwide Appraisers, LLC if you're planning on any transaction where the value of your house is a factor. Just click here

Challenge your tax assessment in Hawaii County

It's likely you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are based upon a past assessment of your home, so if values are less than what they used to be in your area, you can challenge your assessment and save money. An appraisal from Islandwide Appraisers, LLC is your best evidence when building your case. At Islandwide Appraisers, LLC, we're capable of assisting you in disputing your tax assessment.

PMI removal will lower your mortgage payment

When the amount being loaned to the buyer is more than 80% of the actual value of the home, many lenders ask home buyers to take out an extra insurance policy. That policy is Private Mortgage Insurance, or PMI. Seeing that additional payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.

If you'd like to do away with PMI, Islandwide Appraisers, LLC will provide you with a statement regarding the value of your home. The expense of the home valuation can often be regained in little time because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce is a particularly traumatic event for the parties involved, and it is often even more complicated by the hard decision of who gets the house. Regardless of the circumstances, it's wise to get an appraisal from Islandwide Appraisers, LLC so both parties are entirely aware of the true market value of their home.

If the parties want to sell the home, they'll have a better idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.

Settling an estate with peace of mind

The death of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the highest degree of discretion.

Most Americans do not have dedicated estate planners or executors to handle these affairs, unlike wealthier individuals. And seeing that a home or other property often makes up a disproportionate share of the total estate value, knowing the certain value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received a fair deal.

Relocating to or from Hawaii County

We are familiar with the stress involved with an employee relocation. That's why we take great care in establishing an accommodating appointment time for the appraisal inspection. During our detailed process, we encourage employees that are moving to provide feedback on the positive features of their property, as well as information about any new sales or listings in their area that they want considered.

Let Islandwide Appraisers, LLC assist you in selling your home quickly at the right price

A professional appraisal will help you make a more informed decision when determining your asking price, whether you choose to sell your home on your own or use the assistance of a real estate agent. Separate from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't contingent upon the value we come up with, but rather they are calculated on our efforts to finish the appraisal.

We analyze the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. Getting a professional appraisal is a trusted way to decide what improvements will add value and what a suitable sales price is for your home - so you don't come up short or have your house on the market an unnecessarily long time - because we're experts in knowing how long homes are one the market.