Attention homeowners in Nashville and Davidson County: Get an Appraisal today!

Check out the top 7 reasons why Tennessee homeowners need Gilliland & Associates:

  1. Get a pre-listing appraisal (whether they're selling the home themselves or using an agent)
  2. Challenge a property tax assessment
  3. Remove PMI to reduce a monthly mortgage payment
  4. To reinstate your Home Equity Line of Credit (HELOC)
  5. Review another appraiser's report for verification
  6. If real estate property needs to be divided because of a divorce
  7. To settle an estate in Davidson county or Tennessee by determining the true market value of the property in question
Do you own a house in or near Nashville? Do you need help deciding the value of your real estate? Contact Gilliland & Associates.

We at Gilliland & Associates understand the individual needs of a homeowner seeking appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, lawyers, and CPAs. But as a general consumer, we will provide you with extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report our findings.

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

It's very hard to be objective about your home because of your 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. A professional appraisal is very important as a negotiating tool once you have an attainable 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 your buyer. It's an independent third party's opinion of your house's value, and not just how much your house is worth. Potential buyers know you have an emotional attachment to your home and will be more likely to give credibility to a qualified appraiser's value report than yours.

Challenge a property tax assessment

Your local tax assessor may have your home overvalued if you live in a region that is declining. That only means you are paying more taxes than you should. Since your property assessment may likely go up again in the next period, the sooner you take care of things like this, the better. Getting a professional appraisal from Gilliland & Associates is your chief weapon when challenging your property tax assessment.

Appraisals to remove PMI

An attractive way to save money for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan is 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. At Gilliland & Associates, we're experts in helping folks just like you rid yourselves of unwanted PMI insurance.

HELOC recently frozen?

Your lender might just decide to automatically freeze your home equity line of credit (HELOC) if your home is close to a declining area -- even if your specific property has not declined in value. This can be unfavorable to your credit score since it may appear as though that credit line is maxed out, and also unsuitable from a cash flow viewpoint. Gilliland & Associates can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Have you just been given a copy of your appraisal and you'd prefer to have a professional double-check it for preciseness or do you desire a second opinion without the cost and delay of waiting for a whole new appraisal? Gilliland & Associates offers field reviews where we go out and check the subject and comps in question. 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.

We can also provide you with a retrospective review of any appraisal you may have had in the past. While usually requested by banks, you may want to make use of this service if you suspect mortgage fraud related to your property.