Why you should order an appraisal from TSH Real Estate and Appraisal Services, LLCEvery year, thousands of people in Hawaii buy, sell or refinance their home. A lot of these transactions include a simple line item for an appraisal. Most lenders still call in a local expert because the stakes are incredibly high, even though there are a developing number of automated home valuation systems that might appear to be more practical than an appraisal. You might believe that obtaining a mortgage is the only basis for getting an appraisal, but there are more instances when the services of a licensed, independent real estate professional could come in handy. ![]() Challenge your tax assessmentIf you are in an area where the property value has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. At TSH Real Estate and Appraisal Services, LLC, we're equipped to assist you in appealing your tax assessment. Removing PMI for mortgage paymentsWhen the amount being loaned to the homeowneris more than 80% of the actual value of the home, nearly all lenders ask homebuyers to buy this extra insurance plan. That policy is Private Mortgage Insurance, or PMI. This extra payment is often folded into the monthly mortgage payment and is soon forgotten. This is damaging because PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, TSH Real Estate and Appraisal Services, LLC will produce a statement regarding the value of your home. The cost of the appraisal can often be regained in a short amount of time because you'll no longer be paying the PMI. Order your appraisal from TSH Real Estate and Appraisal Services, LLC today Order todayGet a clear valuation on a home for divorce settlementsA divorce is a particularly daunting experience for the parties involved, and it is often further complicated by the challenging decision of who gets the home. So both parties are fully aware of the true market value of their home, it's a good idea to get an appraisal from TSH Real Estate and Appraisal Services, LLC, regardless of the circumstances. The parties will have a a good idea of what price to set, if they need to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Determine a fair and accurate valuation for estate liquidationThe loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the maximum degree of discretion. Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these affairs. A home or other property often makes up a disproportionate share of the total estate value, so knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received a fair deal. Move to or from Honolulu County for workWe understand the headaches involved with an employee relocation. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive features of their property, along with information regarding any recent sales or listings in their area that they want considered during our intensive inspection. Sell your home quickly — at the right priceA professional appraisal can help you make a better educated decision regarding your selling price, whether you want to sell your home on your own or use the assistance of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees rest on our efforts to complete the appraisal report and and aren't related to the sales price. We analyze the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Getting a professional appraisal is a trusted way to determine what improvements will add value and what an appropriate 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 houses stay on the market. ![]() |