profile picture

English French Spanish

Attention homeowners in Evansville and Newburgh or any city in Southwest Indiana: Need an appraisal?

The top reasons Indiana homeowners use Cheaney Appraisal Service:

  1. Pre-listing appraisals (whether they're selling the home on their own or using an agent)
  2. Challenge a property tax assessment
  3. Remove PMI to lower their mortgage payments
  4. To reinstate your Home Equity Line of Credit (HELOC)
  5. To review another appraiser's report for verification
  6. In the case of a divorce in the state of Indiana, when real estate needs to be divided
  7. To settle an estate in Indiana by determining the true market value of the property in question
Need help determining the price of your house in or near Evansville, Indiana? Contact Cheaney Appraisal Service.

We at Cheaney Appraisal Service understand the special needs of a consumer after appraisal services. While our usual business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

For Sale by Owner/Pre-Listing Services

Since you have an emotional attachment to your house, 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. In addition to helping you set a realistic selling price so your house will attract many interested buyers, a professional appraisal is very valuable as a negotiating tool once you have a potential buyer. It's something concrete to show your buyer. An appraisal is an independent third party's opinion of your home's value -- not just you saying how much your home is worth. Interested buyers assume that you have an emotional attachment to your home and will be far more likely to give credibility to an experienced appraiser's value assessment than yours.

Challenge Vanderburgh County's assessment of your property

Let's say your house is not appreciating as much as other houses close to yours -- your local tax assessor may have your home overvalued. This only means you're most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the earlier you take care of a matter like this, the better off you'll be. When challenging your property tax assessment, getting a professional appraisal from Cheaney Appraisal Service is your #1 weapon.

Appraisals to cancel PMI

An attractive way to cut costs 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". Once your mortgage loan is below 80% of the value of your home, in most cases you can apply to a lender to have the PMI eliminated from your loan, which will make your monthly payments go down. Cheaney Appraisal Service is seasoned in helping folks just like you dismiss unwanted and unneeded PMI insurance.

HELOC recently frozen?

Your lender might make the decision to automatically freeze your home equity line of credit (HELOC) if your home is in a declining area -- even if your specific property has not declined in value. This can be detrimental to your credit score since it may appear as though that credit line is maxed out, and also difficult and inconvenient from a cash flow viewpoint. Cheaney Appraisal Service can help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Would you wish a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you need a seasoned expert to double-check your appraisal for verity? Cheaney Appraisal Service offers field reviews where we go out and check the subject and comps in question. If you need it ASAP, 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? We can help with that too. While usually requested by banks, you may wish to utilize this service if you suspect mortgage fraud related to your home.