9 Unintended consequences from no appraisal mortgages

Are no appraisal mortgages a wolf in sheep’s clothing? I’ve seen a lot of celebration recently from various players in the home purchase and mortgage game regarding the decision by Freddie Mac to skip getting a traditional appraisal. While it may sound good up front because they promise to reduce the cost to the buyer […]

6 Reasons Real Estate Appraisers Can Be A Realtor’s Best Friend

Real Estate Appraisers Can Be A Realtor’s Best Friend Contrary to popular belief appraisers and real estate agents can interact with one another. One of the main messages I make sure to get across whenever I speak at local agent’s offices is that it is okay for them to call the appraiser who is appraising […]

5 Real estate stats homeowners should know and a Shelby County market update

Understanding your local market As homeowners, it’s good to know a little bit about the market our home is located in. There’s no need to be a professional statistician but it’s really not necessary. There are a couple of real estate stats that are good to know as they can give us a feel for […]

6 Things agents should consider when picking comps for their listings

Comp selection is key to pricing They say that when appraising a home 90% of the battle is picking comps that closely match your listing. I think that this could be said for pricing a home as well. If you nail comp selection then the value indication will be more accurate and reliable. You shouldn’t […]

What first time home buyers should know about the appraisal process

First time home buyers: Don’t let appraisals confuse you I get it. Appraisals can be confusing. That is why I wanted to take a minute this week to help explain what first time home buyers should know about the appraisal process. If you are a first time home buyer and have a question that is […]

 

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