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Porter Appraisals
5.0(
13
)
Appraisal - Real Estate

Serving Rushsylvania, OH and surrounding areas

Approved

In business since 1999

Free estimates

Emergency services offered

Porter is the premier source for professional commercial and residential real estate appraisals. Based in Marengo, our certified team specializes in high-quality asset management valuations, estate settlements, tax assessments, and prospective development analysis for property owners and investors. \n\nPlease note that our firm focuses strictly on established property and asset valuations; we do not accept assignments involving boundary, fence, or neighbor disputes, nor do we provide appraisal services for non-homeowners or renters. \n\nBy maintaining this specialized focus, we ensure efficient, top-tier service for our core investment and estate clients. Contact our office today at 419-253-1373 to discuss your valuation needs.

6 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Porter Appraisals
Porter Appraisals
5.0(
13
)
Appraisal - Real Estate

Serving Rushsylvania, OH and surrounding areas

Approved

In business since 1999

Free estimates

Emergency services offered

"Ross Porter very professional and kind. He is extremely knowledgeable and talented. His extensive experience in appraisals makes him our go-to professional for appraisals and recommendations. We highly recommend Ross."
HMS Certified
Train Depot
Train Depot
McKissock Learning
Residential+ Comm

+4

Response time2 days
Response rate98%
3 neighbors recently requested a quote
Property Appraiser questions, answered by experts

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.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

Depending on the size of the home, the appraisal itself can take several hours. After the appraiser’s visit is complete, it can take between a few days and a few weeks to get the report back. This timeline is largely dependent on the appraiser’s workload, research requirements, efficiency, and other factors.

The Rushsylvania, OH homeowners’ guide to property appraisals

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