Attention homeowners in Edmond and Oklahoma County: Need an appraisal?

Here are the top 7 reasons OK homeowners call on Chad Cheatham:

  1. Get a pre-listing appraisal (whether you're using a real estate agent or selling the home on your own)
  2. To challenge a OK property tax assessment
  3. To reduce their monthly mortgage payment by removing PMI
  4. Reinstate their Home Equity Line of Credit (HELOC)
  5. Review another appraiser's report for verification
  6. In the case of a OK divorce, when real estate property needs to be divided
  7. Determine the true market value of property in question to settle an estate

Own a home in or near Edmond, OK and need help deciding the price of it?
Contact Chad Cheatham.

At Chad Cheatham, we understand the particular needs of a customer in need of appraisal services. While our usual clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

Pre-listing Services/For Sale By Owner

It's very hard to be objective about your house because you most likely have an emotional attachment to 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 a very important negotiating tool once you have an interested buyer, in addition to helping you set a realistic price to sell at so your house will attract interested buyers. The appraisal is something concrete to show your buyer. It's an independent third party's opinion of your property's value, and not just how much you think your house is worth. Potential buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to a qualified appraiser's value report than yours.

Need to remove PMI?

An attractive way to save money for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan amount is down below 80% of the value of your property. In most cases you can apply to the lender to have the PMI canceled from your loan. At Chad Cheatham, we're experienced in helping homeowners just like you remove unneeded PMI insurance.

Challenging property tax assessments

Lets say you live in a region that is going down -- your local tax assessor may have your home overvalued. This means you are going to pay higher taxes than you should be paying. The sooner you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal report from Chad Cheatham is your number one weapon when contesting your property tax assessment.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender may decide to automatically freeze your home equity line of credit (HELOC) if your house is near a declining area. This can be be bad for your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow standpoint. Chad Cheatham can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Would you like a second opinion without the charge and delay of waiting for a whole new appraisal? Or do you desire an expert to double-check your appraisal for efficiency? An appraiser from Chad Cheatham can go out and check the subject and comparables in a field review. 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.

Do you need a retrospective review of an appraisal? Chad Cheatham can We can assist you. While typically requested by banks, you may wish to make use of this service if you suspect mortgage fraud related to your house.