Our Home Appraisal Services
What is an appraisal?
Learn everything there is to know about home appraisals and our process.
What We Offer - Residential Appraisals
We provide professional appraisal services for a wide range of property types, including single-family homes, multifamily residences, vacation properties, condominiums, and vacant land.
At Advanced Appraisal Services, we combine market expertise with proven experience to deliver accurate, reliable property valuations. Our team works closely with homeowners, buyers, mortgage lenders, and legal professionals to ensure every appraisal reflects the true value of the property.
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As part of the mortgage loan approval process, your mortgage lender will order an appraisal of the property. Using market study information and analysis, Advanced Appraisal Services can provide a hands-on approach when assessing the property's value. We'll determine the market value of the property not only by reviewing the property inside and out, but also by researching the local market conditions and nearby recently sold properties. By reviewing the market and the property thoroughly, we can complete the appraisal process smoothly so you can secure your mortgage loan.
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FHA loans are issued by private lenders and guaranteed by the Federal Housing Administration. This guarantee protects lenders against losses, which benefits borrowers of an easier qualifying process. Any borrower can benefit from this type of loan, as long as they are buying a house/multi family home where they'll live most of the time.
While conventional appraisals are performed to determine the current market value of a property, the Federal Housing Administration (FHA) appraisal guidelines require an additional detailed examination of the property. All properties with an FHA-insured mortgage loan must be appraised by a licensed, HUD-approved home appraiser.
If you're using or considering using a Federal Housing Administration (FHA) loan, Advanced Appraisal Services is on the roster of approved appraisers for the state of Ohio. We are HUD-approved home appraisers and have maintained this certification thanks to our ongoing training and expert insight into the FHA's stringent documentation requirements, appraisal rules, and procedures.
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What makes your property unique? Is it a standout on your street? Or are you simply unsure how much to sell it for in today’s market? Pre-listing appraisals are ideal for special situations like these or anytime your realtor is unable to get comparable sales and determine an appropriate asking price. Advanced Appraisal Services will use special analytics and market study information to narrow down an appropriate market value – assuring you list your dwelling at a price that maximizes your sales potential and attracts buyers. While this service can be invaluable to both realtors and sellers, it can also help buyers understand upfront that your price is on-target and fair, eliminating lengthy negotiations.
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Not all assets need to be appraised, however significant assets such as real estate are required to undergo the appraisal process when they transition into probate. We know how important it is to know the value of a home and how this can be a confusing time. Our experts at Advanced Appraisals ease complex experiences such as probate appraisals by providing a simplified, smooth process when it comes to managing your estate. Advanced Appraisal Services ensures that your Residential Appraisal Report contains everything necessary to process the sale or transfer it through the courts. We are court approved for Estate Appraisals.
Because many aspects go into the probate process, you need someone knowledgeable and expertly trained on every step. We are confident in our credentials, methodology, and years of experience in probate and estate appraisals. Our commitment is to help you streamline what can be a complicated process for many people. We work tirelessly to provide the precise information and documentation our clients need.
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Dividing up a home during a divorce can be an emotional process. Advanced Appraisal Services knows how difficult this time can be for you, so we make sure the appraisal process goes smoothly every step of the way. A home appraisal during divorce cases is an essential step, although a complicated one. Smaller, more personal assets tend to be less stressful of a conversation when it comes to deciding on how to divide them. When it comes time to assess a couple’s most significant financial assets, such as a house, it can become a more stressful situation. We work with our clients to create an experience that minimizes stress and puts you at ease.
You should hire an appraiser who is an expert in divorce case appraisals to receive the best customer experience that provides a transparent and objective valuation. Our divorce case appraisal experts can offer the objective assessment needed to assure that joint real estate is separated fairly and at an accurate valuation. We’ll handle all of the essential details, such as determining current property values and retrospective appraisals from significant dates – like time of marriage or property purchase. Then we’ll deliver an objective and accurate valuation of real estate holdings.
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Whether you need a second opinion on an appraisal or an unbiased, objective third-party to stand behind an appraisal in court, Advanced Appraisal Services can deliver. We’ve delivered expert witness services for government agencies, tax entities, financial institutions, legal and accounting firms and many other businesses.And, we can do the same for you.In many cases, our independent, supportable analysis has allowed clients to settle cases without going to court.
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When you’re securing a VA Loan for your property, the VA selects an appraiser from an exclusive roster of approved appraisers. As a certified VA appraiser in several counties in northeast Ohio, Advanced Appraisal Services understands all of the rules and requirements mandated by the VA. If the VA asks Advanced Appraisal Services to complete your appraisal, you can expect a smooth and accurate process to secure your VA real estate transaction.
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When you’re relocating, you not only want to know the current market value of your home – you also need to know how much it will likely sell for in the next 90 to 120 days. Known as a Relocation Appraisal, these numbers will help you relocate with one less thing to worry about. Our appraisers are trained in the subtle complexities that are unique to Relocation Appraisals, allowing us to forecast a likely sale price given the dynamics of the market at the time of the relocation. We’ll also consider recent closed sales, competing listings and current pending sales. We’ll then complete the industry standard Employee Relocation Appraisal Report form. Whether you’re being relocated or you’re a relocation services company in need of a local appraiser, we can complete this complex appraisal process smoothly and with our proven level of expertise and service.
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The variables involved in appraising foreclosure and Real Estate Owned (REO) properties are as vast as they are unique. It’s these nuances and unknowns that make our expertise so important. We’ve seen it all and know that a hands-on approach balanced with state-of-the-art analytics will give you the snapshot you need – not only of the property’s fair market value but also of the "quick sale" value. Is the property in pristine condition? Is it abandoned or damaged? For REO properties, we’ll also take into consideration the “repaired value” of the property so you can make the decision that best matches your timeline.
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Property taxes are based on the assessed value of the property you own. It is determined by the governing authority of the county in which the home is located. To determine the value of your house, assessors will perform and review the real estate documents to see how much you paid for it. Your property tax is calculated by multiplying the assessed value by the local tax rate.
There are different reasons why someone would challenge the assessed value of their property. Maybe they found they qualified for exemptions that weren't applied, or realized that their neighbor with similar features was paying less.
Do you think your property is valued too high by your local assessor's office? You can appeal the valuation to your county Board of Revision, but you will need some evidence to back up your appeal.
We can help you challenge your county's valuation. A form appraisal of your property may be the proof needed to strengthen your case to lower your real property tax. Advanced Appraisal Services is certified to produce appraisal reports for residential properties (1-4 unit dwellings), and can supply you with accurate information about your property.
