Attention homeowners: Real estate appraisal services for in Savannah and Chatham County

The top 7 reasons why GA homeowners hire Damon L. Smith Appraisal Company:

  1. Get a pre-listing appraisal (whether they're selling the home themselves or using an agent)
  2. Challenge property tax assessments
  3. Remove PMI to cut your monthly mortgage payment
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. Verify a different appraiser's report
  6. In the case of a GA divorce, where real estate needs to be divided
  7. Settle an estate in GA by determining the true market value of property in question

Own a home in or near Savannah, GA and need help determining the price of it?
Contact Damon L. Smith Appraisal Company.

At Damon L. Smith Appraisal Company, we understand the special needs of a consumer after appraisal services. Our typical business clients understand the appraisal process and the standard documents we provide. But as a general consumer,we will give you extra guidance and explanations through the appraisal process to better understand what we do and how we report our findings.

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

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

PMI Removal Appraisals

PMI stands for Private Mortgage Insurance. A preferred way to cut expenses 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 amount is below 80% of the value of your home. In most cases you can apply to a lender to have the PMI canceled from your loan. At Damon L. Smith Appraisal Company, we're qualified in helping homeowners just like you dismiss unneeded and unwanted PMI insurance.

Challenging Chatham county's assessment of your property

Your local tax assessor may have your house overvalued if you live in a region that's declining or is not appreciating as much as other houses close by. This only means you're probably paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better. When challenging your property tax assessment, getting an appraisal report from Damon L. Smith Appraisal Company is your perfect weapon.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender just may choose to automatically freeze your home equity line of credit (HELOC) if your property is near a declining area. This can this be inconvenient from a cash flow angle, and unfavorable to your credit score since it may appear as though that credit line is maxed out. Damon L. Smith Appraisal Company can provide you with an expert appraisal that will help you reinstate your home equity line of credit.

Field and Desktop Appraisal Review Services

Would you like a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you need a seasoned expert to double-check your appraisal for efficiency? In a field review we will go out and check the subject and comps in question. Or, if you're in a hurry, 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 make use of this service if you suspect mortgage fraud related to your property.