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A.M.R. Appraisals, Inc.
New to Angi

Serving Chardon, OH and surrounding areas

In business since 1985

Andy Socha, SCA has been in the Ohio area for over twenty five years. Senior Certified Appraiser & FHA Approved. Good Quality Results - Accurate, Professional. Reliable Valua- tions,Thorough Inspections,Defensible Opinions. Andy Socha is currently offering his appraisal services in Cuyahoga, Summit, Geauga, Lake, Lorain, Medina and Portage Counties. He is a dependable and affordable appraiser. Also Fore- closure & REO Experience. Divorce, Estates, Insurance Damage Settlements Experience. Confident that his hard work, dedication and honesty in the business are the most important reason that people have awarded him the opportunity to service them.

Antiques and Jewelry Appraisals questions, answered by experts

In most cases, installing a tennis court on your property will drive up your property taxes. Property taxes are determined, in part, based on improvements made to your property, which includes anything with a permanent foundation. Since most home tennis courts include a large concrete foundation, your property taxes will likely increase following the installation. A general rule of thumb is that if your project requires permits—like for a foundation or fencing for a tennis court—then your property taxes will be affected.

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

The Chardon, OH homeowners’ guide to antique and jewelry appraisals

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