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TRUSTED BY BROOK PARK, OH HOMEOWNERS

  • Average homeowner rating star icon4.5
    Average homeowner rating
  • Verified reviews icon38
    Verified property appraisals reviews

Find Property appraisers in Brook Park

Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
72
)
Appraisal - Real Estate

Serving Brook Park, OH and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"The process was easy, and pricing options were provided up fromt. They gave clear instructions about what they needed for the appraisal. They provided an appraisal quickly, with a nice turn around time. I would call this company again next I need an appraisal."
Restaurant
Response time5 hrs
Response rate89%
1015 neighbors recently requested a quote
Jeff Caruso
4.0(
142
)
Appraisal - Real Estate

Serving Brook Park, OH and surrounding areas

Approved

In business since 1991

Customers say: Quality work

"Jeff was on time and very easy to work with. Appraisal took approximately 45 min. He took numerous photoâ s of the home and measured where necessary.When done he stated that the appraisal would be finished in 5-7 days which it was. The appraisal was thorough and professionally prepared. It listed six comparable sales in the area with similar structural issues and square footage to support his appraisal value. I would not hesitate to use Caruso Appraisal Service again."
Response time6 hrs
24 neighbors recently requested a quote
Recommended by86%of homeowners
Avatar for Mark Romans
Mark Romans
New to Angi
Appraisal - Real Estate

Serving Brook Park, OH and surrounding areas

Approved

In business since 2023

Free estimates

Credit card accepted

Crawford Romans Appraisal Services provides residential real estate appraisal services across Northeast Ohio. As a Certified Residential Real Estate Appraiser, I am qualified for single family homes, condominiums, 2-4 unit multifamily properties, and vacant land. I pride myself on providing high quality reports that help my clients understand the local market and the value of their property in a timely and professional manner.

Response time6 hrs
6 neighbors recently requested a quote
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Property Appraiser questions, answered by experts

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

The Brook Park, OH homeowners’ guide to property appraisals

From average costs to expert advice, get all the answers you need to get your job done.