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A.M.R. Appraisals, Inc.
New to Angi
Appraisal - General

Serving Lorain, 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

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.

A comprehensive smart home system can be really attractive to buyers and increase the value of your property. Components such as a smart security system, smart lawn and garden systems, and smart appliances can all drive up the value of your property.

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.

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.

Typically during transactions or refinancing, or whenever significant improvements are made.

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

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