Need an appraisal in Ada or Pontotoc County?

The top seven reasons why OK homeowners use Maddox Appraisals LLC:

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

Own a home in or near Ada, OK and need help determining the price of it?
Contact Maddox Appraisals LLC.

We at Maddox Appraisals LLC understand the particular needs of a customer 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

It's very hard to be objective about your own house because you probably have an emotional attachment to it. The professional appraisers at Maddox Appraisals LLC will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very crucial as a negotiating tool once you have an interested buyer, in addition to helping you set a realistic price to sell at so your home 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 price, and not just how much your home is worth. Potential buyers know you have an emotional attachment to your house and will be more likely to give credibility to a qualified appraiser's value conclusion than yours.

Appraisals to cancel PMI

PMI stands for Private Mortgage Insurance. A fashionable way to cut costs for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan is down below 80% of the value of your house. In most cases you can apply to the lender to have the PMI eliminated from your loan. Maddox Appraisals LLC is experienced in helping people just like you delete unwanted PMI insurance.

Challenging a property tax assessment

Lets say your home is not appreciating as much as other houses nearby -- your local tax assessor may have your home overvalued. This means you are paying higher taxes than you should be paying. The quicker you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. When contesting your property tax assessment, getting an appraisal report from Maddox Appraisals LLC is your chief weapon.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender might decide to automatically freeze your home equity line of credit (HELOC) if your house is near a declining area. Not only can this be difficult from a cash flow point of view, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. Maddox Appraisals LLC can provide you with an expert appraisal to help you reinstate your HELOC.

We Offer Field and Desktop Appraisal Review Services

Do you need an expert to double-check your appraisal for precision, or do you desire a second opinion without the charge and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in a field review. Or, if you need it immediately, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.

Need a retrospective review of an appraisal report? We can help with that too. Even though this is typically requested by banks, you may wish to use this service if you suspect mortgage fraud related to your property.