Appraisers talk about conformity when describing houses that do not “fit in” to the neighborhood. Sometimes this can be subjective but you can usually tell when it has occurred. Neighborhoods have certain characteristics relating to price range, house style and various other factors. Some times house style and price range intersect and you have an […]
Archives for October 2011
Dude, Where’s My Porch?
October 27, 2011 By 3 Comments
Remember the movie “Dude, Where’s My Car?”, with Ashton Kutcher? I didn’t think so, it was not very memorable. These days Ashton Kutcher has more things to worry about than bad movies from his past, but the movie did come to mind when I saw this house. As you can see, it is missing […]
What In The World Is A Tumble Bus And What Does It Have To Do With Appraising?
October 21, 2011 By 2 Comments
The answer to the second question in the title is that the Tumble Bus has absolutely nothing to do with real estate appraisal. The answer to the first question is something I thought I would share with you. As a real estate a real estate appraiser in Birmingham, AL I get to drive around a […]
Birmingham, AL: Greystone Market Update-October 2011
October 19, 2011 By Leave a Comment
So I thought I would share with you my latest findings for the Greystone Development in Birmingham, AL. Greystone is located in the Hoover area of Birmingham, in north Shelby county. Over the past 12 months the mean sales price of all homes in this subdivision has varied due to the type of homes that […]
What Red Flags Can Kill A Birmingham, AL Area FHA Appraisal?
October 18, 2011 By 2 Comments
Have you ever wondered if a house would pass an FHA appraisal inspection? FHA does have more stringent appraisal guidelines than conventional loans but if you know what to look for then you can be ready before any problems come up. I have included some of the top problems I have seen in my 20+ […]
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