Attention homeowners: Real estate appraisal services for in Portland and Sumner County

The top seven reasons why TN homeowners call on Red River Residential Appraisals:

  1. Find the right listing price (whether you're using a real estate agent or selling the home on your own)
  2. Challenge property tax assessments
  3. To reduce a mortgage payments by removing PMI
  4. To reinstate your Home Equity Line of Credit (HELOC)
  5. Verify a different appraiser's report
  6. In the case of a TN divorce, where real estate property needs to be divided
  7. Determine the true market value of property in question to settle an estate in Sumner county or TN

Do you own a house in or near Portland? Do you need help determining the price of your real estate?
Contact Red River Residential Appraisals.

We at Red River Residential Appraisals understand the special needs of a consumer after appraisal services. While our typical 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.

For Sale By Owner (FSBO)/Pre-Listing Services

It's very hard to be objective about your own home 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. In addition to helping you set a realistic selling price so your house will attract many interested buyers, a professional appraisal is a very valuable negotiating tool once you have an interested buyer. It gives you something concrete to show the buyer. The appraisal is an independent third party's opinion of your property's price, not just you saying how much you think your house is worth. Interested buyers assume that you have an emotional attachment to your house and will be more likely to give credibility to a qualified appraiser's value opinion than yours.

Need to cancel PMI?

Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a fashionable way to cut expenses for homeowners. Once your mortgage loan amount is down below 80% of the value of your home, in most cases you can apply to your lender to have the PMI canceled from your loan, which will make your monthly payments go down. At Red River Residential Appraisals, we're qualified in helping consumers just like you delete undesirable PMI insurance.

Challenge Sumner county's assessment of your property

Lets say your house is not appreciating as much as other properties nearby -- your local tax assessor may have your home overvalued. That means you're probably paying more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better off you'll be. An appraisal from Red River Residential Appraisals is your number one weapon when challenging your property tax assessment.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender may just choose to automatically freeze your home equity line of credit (HELOC) if your home is close to a declining area. This can this be troublesome from a cash flow angle, and harmful to your credit score since it may appear as though that credit line is maxed out. Red River Residential Appraisals can provide you with a professional appraisal that will help you reinstate your HELOC.

We Also Offer Field and Desktop Appraisal Review Services

Do you need an expert to double-check your appraisal for efficiency, or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comps. Or, if you're in a rush, we can provide you with a 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 We can assist you Even though this is usually requested by banks, you may wish to employ this service if you suspect mortgage fraud related to your home.