Attention homeowners: Real estate appraisal services for in Shelbyville and Bedford County

The top seven reasons TN homeowners use Gill Appraisal Service:

To get a pre-listing appraisal (whether they're selling the home themselves or using an agent)
Challenge property tax assessments
To lower a mortgage payment by removing PMI
To reinstate your Home Equity Line of Credit (HELOC)
Review a different appraiser's report for verification
In the case of a TN divorce, when real estate needs to be divided
Settle an estate in TN by determining the true market value of property in question

Do you own a home in or near Shelbyville? Do you need help deciding the value of your real estate?
Contact Gill Appraisal Service.

We at Gill Appraisal Service understand the particular needs of a homeowner in need of appraisal services. Our regular business clients understand the appraisal process and the standard documents we provide. Being a person not in the real estate field that most likely doesn't look at appraisals every day,we will provide you with extra guidance and explanations through the appraisal process to more fully understand what we do and how we document our conclusions.

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

It's very hard to be objective about your own home because you probably have an emotional attachment to it. Our professional appraisers at Gill Appraisal Service are objective. We won't just tell you what you want to hear, we will tell you what you need to know. In addition to helping you set a realistic selling price so your house will attract interested buyers, a professional appraisal is very crucial as a negotiating tool once you have an interested buyer. 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 you saying how much your home is worth. Potential buyers know you have an emotional attachment to your house and will be far more likely to give credibility to a seasoned appraiser's value report than yours.

Appraisals to remove PMI

A fashionable money saver for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan is less than 80% of the value of your house, 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. We're veterans in helping clients just like you rid yourselves of unneeded PMI insurance.

Challenge a property tax assessment

Lets say you live in a region that's declining -- your local tax assessor may have your home overvalued. This only means you are most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the quicker you take care of things like this, the better. When challenging your property tax assessment, getting an expert appraisal from Gill Appraisal Service is your number one weapon.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender may just decide to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area. This can be be destructive to your credit score since it may appear as though that credit line is maxed out, and also inopportune from a cash flow standpoint. Gill Appraisal Service can help you reinstate your home equity line of credit with efficient appraisal.

We Also Provide Field and Desktop Appraisal Review Services

Have you just been handed a copy of your appraisal and you would prefer to have a seasoned professional double-check it for efficiency or do you want a second opinion without the charge and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comparables in question. If you need it immediately, we'll provide you with a 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 report? Gill Appraisal Service can help you with that. Even though this is typically requested by banks, you may want to employ this service if you suspect mortgage fraud related to your home.