How Do Appraisers Calculate Price Per Square Foot?

Think You Understand Price Per Square foot? Have you ever wondered how appraisers calculate the price per square foot of a home? If so, then I hope you’ll keep reading because I would like to clear up some confusion about how to calculate this popular metric and share my thoughts on how much importance we […]

Five Quick Tips For Agents When Communicating With The Appraiser

Communicating With The Appraiser Is Important   Whatever business you are in communication is very important. This is especially true for real estate agents when they are communicating with the appraiser. Ever since the recession in 2007-2008, there has been a lot of confusion about agent and appraiser communication. A lot of changes were made […]

How Healthy Is The Birmingham Real Estate Market?

A Look at the Pulse of Birmingham Real Estate The word on the street is that the country may be sliding into a housing bubble. A housing bubble occurs when housing prices continue to rise faster than peoples income. The availability of cheap money to purchase homes can lead to more buyers and increased competition […]

Cash Buyers Beware!

Food For Thought For Cash Buyers Are you aware of the key points that cash buyers should be aware of when purchasing a home in today’s market? Just because you are paying cash doesn’t mean that you shouldn’t perform your due diligence. There are a lot of cash buyers that will not get an appraisal […]

How Many Comps Are Required In An Appraisal?

What Are Comps? As you may or may not know comps are short for “comparables“. Sales comparables are recently sold, listed, or contracted properties that would be a good substitute for the subject property being appraised. Comps are used in the sales comparison approach to value. This approach is one of three that is traditionally […]

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