9 Home Measurement FAQ’s For Agents

Correct Home Measurement Can Prevent Mistakes This week, while working on appraisals, I had a couple of situations where the real estate agents for two homes I was appraising used the incorrect square footage in their listings. If they would have known the guidelines for home measurement this could have been avoided. The first situation […]

Hey, if the market is so hot why didn’t my home appraise?

A Hot Market is not a Guarantee Your Home Will Appraise In a hot market like we have now a low appraisal should be the least of our worries, right? Wrong. There are still some people asking “why didn’t my home appraise?”. It should never be considered a given that just because we’re in a […]

Are Investor Flips Good Appraisal Comps?

Good Comp or Not? Are all comparables (comps) created equal? This is a question I continually ask myself when reviewing sales for appraisal assignments I’m working on. This includes investor flips, our focus for discussion here. Depending on who you are, you may have a different understanding of what a comp is. I always tell […]

Do I Need a Pre-Purchase Appraisal?

What is a pre-purchase appraisal? Many of you may have read my posts in the past about pre-listing appraisals but this is the first time I’ve written about the pre-purchase appraisal. They sound similar but are they? Let me explain what they are and why I’m writing about them. A pre-purchase appraisal is not done […]

Birmingham First Quarter Sales & The Housing Shortage

Jefferson & Shelby County Sales Trends The first quarter of 2018 is now history so I thought I would take a look at how Birmingham home sales for 2018 in both Jefferson and Shelby County were affected by the housing shortage and see how they stack up to past years. I’m going to be looking […]

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