Need an appraisal in Newburgh or Warrick County?

The top seven reasons why IN homeowners use Red Door Appraisal:

  1. Find the right listing price (whether they're selling the home themselves or using a real estate agent)
  2. Challenge a property tax assessment
  3. To lower your monthly mortgage payment by removing PMI
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. To review another appraiser's report for verification
  6. In the case of a IN divorce, where real estate property needs to be divided
  7. Settle an estate in IN by determining the true market value of real estate in question

Do you own a house in or near Newburgh? Do you need help determining the value of your real estate?
Contact Red Door Appraisal.

At Red Door Appraisal, we understand the special needs of a customer looking for appraisal services. Our usual business clients understand the appraisal process and the usual documents we provide. But as a consumer,you will receive extra guidance and explanations through the appraisal process to more clearly understand what we do and how we present our conclusions.

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. The professional appraisers at Red Door Appraisal will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a very valuable negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your property will attract interested buyers. It gives you something tangible to show the buyer. It's an independent third party's opinion of your house's price, and not just how much 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 an experienced appraiser's value assessment than yours.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. A fashionable way to cut expenses for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is less than 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 Door Appraisal, we're veterans in helping customers just like you remove unneeded PMI insurance.

Challenge property tax assessments

Lets say you live in an area that's declining -- your local tax assessor may have your home overvalued. That means you're going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the faster you take care of a matter like this, the better off you'll be. When challenging your property tax assessment, getting an appraisal report from Red Door Appraisal is your #1 weapon.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender may choose to automatically freeze your home equity line of credit (HELOC) if your property is close to 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 difficult from a cash flow angle. Red Door Appraisal can help you reinstate your home equity line of credit with efficient appraisal.

Do You Need Field and Desktop Appraisal Review Services?

Have you just been given a copy of your appraisal and you'd like to have a veteran appraiser double-check it for precision or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in question in a field review. Or, if you need it 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? We can We can assist you While usually requested by banks, you may want to use this service if you suspect mortgage fraud related to your home.